Question

a shop keeper sells 24 pencil amd earn a profit equal to the selling of 8 pencils find profit percent​

Answer 1

Answer:

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Step-by-step explanation:

RULE: SP = CP + PROFIT

Now, profit in this case is equal to the selling price of 1 item. So, the equation can be formulated as:

SP5=CP5+P

SP5 = Selling price of 5 items

CP5 = Cost price of 5 items

=>SP5=CP5+SP1

=>SP4=CP5

Thus, profit percentage = (5–4)4×100

Or, Profit Percentage = 25% (Answer)