A shopkeeper sells 24 pencils and earns a profit equal to the selling price of 8 pencils. Find the profit percentage
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Answer:
Take me in the brain list
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)
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Answer:
25% is the answer..............
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