A shopkeeper makes a profit of 5% by selling goods for Rs. 315 to earn a profit of 25. How many items are sold for Rs. 515
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Answer:
Let SP of 1 article be 1 Re.
SP = CP + PROFIT
5 * PRICE OF ARTICLE = CP + 1 * PRICE OF ARTICLE
5 * 1 = CP + 1*1
CP = 4
PROFIT = 1
1/4 = 25%
In short
SP = 5
Profit = 1
CP becomes 4
1/4 = 25%
Step-by-step explanation:
Answered by
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Profit=5%
315$ =25 goods
1$ =25
315 goods
515=25x515
315
=40 goods
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