trader sold 40 erasers and earned a profit equal to the selling price of 12 erasers.
find his profit percentage
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The profit percent is 42.857%
Step-by-step explanation:
Let the SP of 1 eraser be Re.1
So, SP of 40 erasers Rs.40
We are given that a trader sold 40 erasers and earned a profit equal to the selling price of 12 erasers
SP of 12 erasers = Rs.12
Profit of selling 40 erasers = Rs.12
CP = SP-Profit = 40-12 = Rs.28
Profit % =
Hence The profit percent is 42.857%
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A trader sold 40 eraser and earned a profit equal to the selling price of 12 eraser find his profit percentage
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