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26 July, 15:42

by selling a cell phone for 2400rs a shopkeeper makes a profit of 25% what would be his profit percentage if it was 2040rs

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  1. 26 July, 18:32
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    6.25%

    Step-by-step explanation:

    We first begin by solving for the original price of the cell phone.

    if 2400 = 125%

    x = 100%

    By cross multplying, we get

    125x = 2400 * 100

    x = 240000/125

    x = 1920rs

    To find the profit percentage on the new sale price, we repeat another set of equations

    100% = 1920

    x = 2040

    1920x = 2040 * 100

    x = 204000/1920

    x = 106.25%

    His new profit percentage is 6.25%
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