A man calculate her profit% as 25% on sp find her actual profit

1.	A man calculate her profit% as 25% on sp find her actual profit
Answer» Step-by-step explanation: Let's SEE what we have here. A shopkeeper SOLD Item X for a his selling price (SP). Let SP = x Since the question says that Profit is 25% of the selling price, we have: Profit = 25% SP = 0.25x Now, we already KNOW that: Profit = SP - Cost This part is the catch. To find out how much Item X originally cost, Cost = SP - Profit = x - 0.25x = 0.75x Now that we know the original cost of Item X, we can easily calculate the Real profit % using this formula: = (Profit/Cost)100 = (0.25x/0.75x)100 = 33%

Answer»

Step-by-step explanation:

Let's SEE what we have here. A shopkeeper SOLD Item X for a his selling price (SP).

Let SP = x

Since the question says that Profit is 25% of the selling price, we have:

Profit = 25% SP = 0.25x

Now, we already KNOW that:

Profit = SP - Cost

This part is the catch. To find out how much Item X originally cost,

Cost = SP - Profit = x - 0.25x = 0.75x

Now that we know the original cost of Item X, we can easily calculate the Real profit % using this formula:

= (Profit/Cost)*100

= (0.25x/0.75x)*100

= 33%

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