The Shopkeeper sold a laptop having it's cost price ₹25,000at a profit of 25%. Find the selling price?
Answers
Answer:
Item X for a his selling price (SP).
Let SP = x
Since the question says that Profit is 25% of the selling price, we have:
Profit = 25% SP = 0.25x
Now, we already know that:
Profit = SP - Cost
This part is the catch. To find out how much Item X originally cost,
Cost = SP - Profit = x - 0.25x = 0.75x
Now that we know the original cost of Item X, we can easily calculate the Real profit % using this formula:
= (Profit/Cost)*100
= (0.25x/0.75x)*100
= 33%
And there you have it. Hope I explained it clear enough.
70.9K views
View upvotes
View shares
83
1
Related Questions (More Answers Below)
A shopkeeper sold an article at 20% profit of selling price. What is the real profit %?
1,247 Views
A shopkeeper earns a 20% profit on the selling price. What is his profit percentage on the cost price?
1,800 Views
By selling an article, a man makes a profit of 25% of its selling price. What is the percent of the profit ?
475 Views
An article is bought and sold with a profit of 25 percent of the selling price. What is the profit percent?
959 Views
If a shopkeeper sells an article for 500 and gets a 25% profit, what is his cost price?
4,373 Views

Tejash D Mehta, Team Lead - Strategic Accounts Management & Relati at eClinicalWorks (2013-present)
Answered 3 years ago · Author has 351 answers and 1.6M answer views
Let's see what we have here. A shopkeeper sold Item X for a his selling price (SP).
Let SP = x
Since the question says that Profit is 25% of the selling price, we have:
Profit = 25% SP = 0.25x
Now, we already know that:
Profit = SP - Cost
This part is the catch. To find out how much Item X originally cost,
Cost = SP - Profit = x - 0.25x = 0.75x
Now that we know the original cost of Item X, we can easily calculate the Real profit % using this formula:
= (Profit/Cost)*100
= (0.25x/0.75x)*100
= 33%
And there you have it. Hope I explained it clear enough.
Answer Courtesy - Preetam Nath
13.5K views
View upvotes
9
Promoted by AstroTalk
Do you believe in astrology, and why or why not?

Puneet Gupta, Founder at AstroTalk
Updated 9 months ago
I never used to believe in Astrology and would hate it when my parents would follow it. But as life is unpredictable, I ended up believing in it and became one of those. Below is my story: I often come across this question from my friends in a very astonishing way, “How come you into Astro
Continue reading

Rudra Abhishek, lives in New Delhi
Answered 5 years ago
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 %
45.7K views
View upvotes
70
2

Sonu Khan, Works at www.groupoftutors.in
Answered 3 years ago · Author has 122 answers and 881.7K answer views
Easiest trick to do it is-
25% profit is on S.P. so the fraction is = 1/4 Where
1= profit
4=SP
so CP should be 4–1 = 3
Now if we calculate the real profile, it would be calculated on CP.
I.e. 1/3*100
which is 33.33% or 33 1/3.
13.5K views
View upvotes
29
Related Questions (More Answers Below)
An article is bought and sold at a profit of 10% of the selling price. What is the profit percent?
455 Views
A shopkeeper sold his article with 10% profit and used the weights which are 20% less than the real legitimate weights. What is his total profit percentage?
698 Views
An article is bought for Rs 300 and sold that for a profit of 25% of the selling price. What is the profit?