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In one year a businessman made a profit of sh 86,500. In the following year his profits increased by 20%. How much profit did he make that year?

Class: KCPE

Subject: Mathematics

Topic: Measurement-money

Lesson Summary

In one year a businessman made a profit of sh 86,500. In the following year his profits increased by 20%. How much profit did he make that year?

A.sh 86,520
B.sh 69,200
C.sh 103,800
D.sh 86,480



Text Answer


Profit before increase = sh 86,500

Let profit before increase = sh 100%

Increase profit by 20% = 120% of sh 86,500

Profit after increase = 120100×86,500= sh 103,800

The correct answer is C (sh 103,800)

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