Practicing Success
A shopkeeper by selling 5 items earns a profit equal to the selling price of one item. What is his/her profit percentage? |
20% 25% 16% 22.5% |
25% |
Let the selling price be a Five items sold at Rs. 5a Now given profit is equal to selling price of 1 article = a = CP = SELLING PRICE - PROFIT = 5a - a = 4a = Profit percentage can be given as = a × 100/4a = 25% |