A shopkeeper sells his article at \(16\frac{2 }{3}\) % profit on selling price. Find his actual profit %. |
\( {14}_{2}^{7} \)% 15% 25% 20% |
20% |
16\(\frac{2}{3}\)% = \(\frac{1}{6}\) SP = 6 CP = 5 ↓ ↓ ---------------- ↓ Actual profit % = \(\frac{1}{5}\) × 100 = 20% |