A shopkeeper gets profit of sp of one copy by selling20 copies.find gain or loss percent.
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Cost price of one book (copy) = P
Sale price = SP
Amount earned by selling 20 copies = 20 * SP
Profit earned = 1 *SP
Cost price for 20 copies = 20 * SP - SP = 19 * SP
Profit % = 1*SP/(19*SP) * 100 = 5.26 %
Sale price = SP
Amount earned by selling 20 copies = 20 * SP
Profit earned = 1 *SP
Cost price for 20 copies = 20 * SP - SP = 19 * SP
Profit % = 1*SP/(19*SP) * 100 = 5.26 %
kvnmurty:
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Answer done here...........
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