A shpokeeper buys goods at 4/5 of its marked price and sells them at 7/5 of the marked price find his profit percentage
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AISWARYA123456789
Secondary School Math 5+3 pts
A shopkeeper buys goods at 4/5 of its marked price and sells them at 7/5 of the marked price find his profit percentage.
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swarupas45458
Swarupas45458Ambitious
Answer:
Step-by-step explanation:
60%
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Raja395
Raja395Expert
Answer:
40% profit
Step-by-step explanation:
Let the actual marked price of the goods be x.
Shopkeeper buys goods at 4/5 of its marked price = 4x/5
And Sells them at 7/5 of the marked price = 7x/5
So, Profit = Selling Price - Buying Price
= 7x/5 - 4x/5 = 3x/5
So, Profit percentage = (profit/actual price) × 100
= {(3x/5)/(x)}×100
= (3/5)×100 = 60%
40% profit
Step-by-step explanation:
Let the actual marked price of the goods be x.
Shopkeeper buys goods at 4/5 of its marked price = 4x/5
And Sells them at 7/5 of the marked price = 7x/5
So, Profit = Selling Price - Buying Price
= 7x/5 - 4x/5 = 3x/5
So, Profit percentage = (profit/actual price) × 100
= {(3x/5)/(x)}×100
= (3/5)×100 = 60%