Subjects algebra

Boat Sale Profit

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Boat Sale Profit


1. The problem states that Jimmy made a 15% profit on the sale of a boat which originally cost N15,000. 2. To find the selling price, we need to calculate 15% of the original cost and add it to the original cost. 3. Calculate 15% of N15,000: $$15\% \times 15000 = 0.15 \times 15000 = 2250$$ 4. Add this profit to the original cost to find the selling price: $$15000 + 2250 = 17250$$ 5. Therefore, the boat was sold for N17,250.00.