Sold of 1\5th of stock on 22.5% profit 50% cash receive
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Answer:
dude is not full question
here i will going to telling example of this question
Explanation:
Example :
A cloth merchant bought 35 shirts, each at a price of Rs 280. He sold each of them for Rs. 308. Find his percentage profit.
Sol:
The profit percentage remains same for one unit as well for all the units.
Thus the calculations should be done for one unit only.
CP = Rs. 280. SP = Rs. 308.
Profit = 308 – 280 = Rs. 28.
Now you need to apply profit percentage formula for the same.
Profit percentage = 100 × 28/280 = 10%
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