Question

5 customers buy 10,15,20,25,30 toffees respectively from 1 shop. But the the person who bought 20 toffees forgot to pay .if the shopkeeper makes 20% profit what will be his profit or loss from these five customers of the person who forgot to pay at pay his amount had paid his amount?
50% profit ,60% profit, 40% loss ,20% loss.

Answer 1

Answer:

40% profit

Step by step Explanation:

Profit percentage

=( profit/cost price) * 100

0.2 = profit/cost

10+15+20+25+30= 100

Let's assume the cost price of the items is $1 each

Cost price total= $100

Profit made when buyer of 20 toffe didn't say was

0.2=profit/cost

0.2*100 =$20

If the$ 20 paid.

Total profit = $40

So percentage profit now

40/100 * 100 = 40%