Question

A wholesaler sold 125 shirts and made a profit equal to the S. P of 50 shirts. What percent profit did he make in the transaction?

Answer 1

Let sp of 1 shirt be x and cp be y

Sp = cp +profit
125x = 125y + 50x
75x = 125 y
3x = 5y ...,, x = 5/3 y

Profit percentage = sp/cp * 100
= 5/3 * 100 = 166