Question

a shopkeeper sells his goods at 22.5% profit on selling price . find actual profit​

Answer 1

Answer:

Let the selling price be 100

so profit = 22.5% of SP = 22.5

Cost price = SP - profit

= I 00 - 22.5 = 77.5

Actual profit % =( profit/cost price) × 100

= (22.5 / 77.5) × 100

= 29.03% (approx)

Step-by-step explanation:

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