Question

A shopkeeper sells 240 books at the cost price of 300 books. what is the gain or loss

Answer 1

Let price of one book =1rs

240 book cost =240rs

300 book cost =300rs

240 book sell on 300 rs so profit is 60 rs on 240 book sell

so

$= 60 \times 100 \div 240 = 25$

25 % profit