Question

A shopkeeper sold goods for ₹ 2400 and made a profit of 25% in the process. find profit per cent if he had sold his goods for ₹ 2040.

Answer 1

SP of cellphone = ₹ 2400

∴ CP of cellphone = 2400 x [100/(100 + 25)] = ₹ 1920

∴ Required percentage profit = [(2040 - 1920)/1920] x 100

= 6.25%

Answer 2

Answer:

If he had sold his goods for ₹ 2040, then the profit is 6.25%.

Step-by-step explanation:

It is given that a shopkeeper sold goods for ₹ 2400 and made a profit of 25%.

Let the cost of goods be x.

$Profit=\frac{SP-CP}{CP}\times 100$

$25=\frac{2400-x}{x}\times 100$

$25x=(2400-x)\times 100$

$25x=240000-100x$

$125x=240000$

$x=1920$

The cost of goods is 1920.

if he had sold his goods for ₹ 2040, then the profit is

$Profit=\frac{2040-1920}{1920}\times 100=6.25$

Therefore, if he had sold his goods for ₹ 2040, then the profit is 6.25%.