What will be the Real Profit of Merchant? If

If a merchant estimates his profit as 20% of the selling price, what is his real profit percent?

  1. 20%
  2. 22%
  3. 25%
  4. 30%
Monis Rasool Professor Asked on 23rd May 2015 in Maths.
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  • 1 Answer(s)

    Answer 🙁 c) 25%

    Explanation:-
    Let SP = 100
    Then, CP = 80
    Profit = SP – CP = 100 – 80 = 20
    Profit % = 20 x 100/80 = 25%

    Anurag Mishra Professor Answered on 23rd May 2015.
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