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By selling 24 items, a shopkeeper gains the selling price of 4 items. His gain percentage is: |
$16\frac{1}{3}$% 20% $33\frac{1}{3}$% $16\frac{2}{3}$% |
20% |
By selling 24 items, a shopkeeper gains the selling price of 4 items, Profit% = \(\frac{gaining \; quantity}{total \; sold - gaining \; quantity}\) × 100 = \(\frac{4}{24 - 4}\) × 100 = 20% |
