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On selling 25 shirts, a retailer earns profit equal to the cost price of 8 shirts. What is the profit percentage?

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On selling 25 shirts, a retailer earns profit equal to the cost price of 8 shirts. What is the profit percentage?
  • A47.05
  • B32
  • C25
  • D34.5
Answer not set

Discussion 1

0
CCommunity
Let CP of 1 shirt = Rs. 1

So, CP of 8 shirts = Rs. 8

And, CP of 25 shirts = Rs. 25

Selling 25 shirts earn profit = CP of 8 shirt = Rs. 8

∴ Profit % = 8/25 × 100 = 32%