By selling 1 dozen ball pens, a shopkeeper earned the profit
equal the profit equal to the selling price of 4 ball pens.
His profit percent is?
a)50 b)40 c)33 1/3 d)31 1/4
plz specify reason... thanks
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Answer Posted / sunil
profit is sp(selling price) -cp(cost price)
12(sp-cp)=4sp
8sp=12cp
sp/cp=12/8
profit percentage is( (sp-cp)/cp )100
or (sp/cp -1)100
(12/8 -1)100
(4/8)100
Ans 50%
| Is This Answer Correct ? | 78 Yes | 4 No |
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