A vegetable seller onselling 20kg potatoes earns a profit equal to the cost price of 5kg potatoes. Find his profit percentage?
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Solution
Seller sells 20 kg potatoes He earns a profit of C.P. of 5 kg potatoes. ∴ Profit percent = ? Let, the C.P. of 1 kg potatoes = x C.P of 5 kg = 5x = Profit C.P of 20 kg potatoes = 20x ∴ Profit %=/5x/20x4×/10025 =25%