by selling 60 kg of rice A shopkeeper makes a profit equivalent to the cost price of 8 kg of rice what percent profit does the shopkeeper make?
this questions answer is 13 1/3%
I unable to solve this question please give step by step explanation spam answers will be reported and the correct answer will be mark
this questions answer is 13 1/3%
I unable to solve this question please give step by step explanation spam answers will be reported and the correct answer will be mark
Answers & Comments
Answer:
13.33%
Step-by-step explanation:
so by selling 60kg of rice he gets the money equivalent to (60+8)=the price of 68 kg rice.
let's assume that the cost price of 1 kg rice to him is 1 rupee.
so, he makes 8 rupees of profit out of 60 rupees.
so, the profit is (8/60)×100 =40/3 = 13.33%