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A shopkeeper by selling 6 items, earns a profit equal to the selling price of 1 item. What is his profit percentage?

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A shopkeeper by selling 6 items, earns a profit equal to the selling price of 1 item. What is his profit percentage?
  • A20
  • B25
  • C30
  • D35
Answer not set
0
CCommunity
Let the selling price be x

Six items sold at Rs. 6x

Now given profit is equal to selling price of 1 article = x

⇒ CP = Selling price – Profit = 6x – x = 5x

⇒ Profit percentage can be given as = x × 100/5x = 20%

∴ profit is 20%
0
CCommunity
Let the selling price be x

Six items sold at Rs. 6x

Now given profit is equal to selling price of 1 article = x

⇒ CP = Selling price – Profit = 6x – x = 5x

⇒ Profit percentage can be given as = x × 100/5x = 20%

∴ profit is 20%