A shopkeeper gains the selling price of 4 lemons by selling 20 lemons. Find the profit percent (Ans: 25%)
1 answer:
Answer:
Profit=4 lemons
Sp=20 lemons
Now,
Profit=SP-CP
4 =20-CP
CP=16 lemons
Again
Profit%=Profit/CP ×100 %
=4/16 × 100%
=25%
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