A businessman makes a profit of 20% when he sells a carpet for Ksh 36 000. In a trade fair he sold one such carpet for Ksh 33 600. Calculate the percentage profit made on the sale of the carpet during the trade fair.

3 answers

.2 * 36,000 = 7,200 is the profit he would have had if sold at full price.
36,000 - 7,200 = Base price
Base price + profit = 33,600

Can you take it from there?
120%=36000
100%=?

(100*36000)÷120
=sh.30000

P=33600-30000
=sh.3600

%p= p÷mp x 100
=3600÷30000 x 100
=12%
Wow I like that its easy and simplified. congrats