Question

A shopkeeper sold an article at 25% profit of selling price. Find the real profit %?

Answer 1

Answer

Let SP = x

Profit is 25% of the selling price, we have:

Profit = 25% SP = 0.25x

Now, we know that:

Profit = SP - Cost

Cost = SP - Profit = x - 0.25x = 0.75x

We know,

Profit %

= (Profit/Cost)*100 

= (0.25x/0.75x)*100

= 33%

HOPE SO IT WILL HELP.....