A shopkeeper buys an article for Rs 80 and sells it for Rs 100. What is his profit percentage?

Question

Geeta sells A $→$ 20% (Profit) and B $→$ 10% (Loss) at the same sp. If she increases SP such that A and B still sold at an equal price and profit of 10% made on B, then profit made on A will be?

Answer 1

Profit as a fraction of cost is $\dfrac{20}{80} = \dfrac{1}{4}$, and $\dfrac{1}{4} = 25\%$.

A shopkeeper buys an article for Rs 80 and sells it for Rs 100. What is his profit percentage?

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The Correct Option is B

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