Question

shopkeeper sells his good at 8 1/3% profit on selling price find actual profit percent​

Answer 1

Step-by-step explanation:

We will learn how to calculate profit and profit percent.

If selling price is more than the cost price (S.P. > C.P.), there is a profit.

Profit = S.P. – C. P.

or, S. P. = P + C. P.

C.P. = S. P. – P

Profit percent → profit on $ 100 is called profit%

Profit% is always calculated on C.P

So, profit% = profit/C.P x 100

Answer 2

your answer is wrong the right answer is 9.09%