Question

How to solve this problem by selling a cell phone for 2400 a shopkeeper makes a profit of 25% what will be his profit percentage if he sells it what 2040

Answer 1

Step-by-step explanation:

Let the selling price be 100

so profit = 25% of SP = 25

Cost price = SP - profit

= I 00 - 25 = 75

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

= (25 / 75) × 100

= 33.33 %