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    Question

    A shopkeeper sells an article at a profit of 12.5% on

    the selling price. Find the actual profit percentage.
    A 14.28% Correct Answer Incorrect Answer
    B 10.2% Correct Answer Incorrect Answer
    C 8.5% Correct Answer Incorrect Answer
    D 7.6% Correct Answer Incorrect Answer

    Solution

    12.5% =1/8 ┬а┬а┬а┬а┬а┬а┬а where 1=profit, and 8=selling price Then Cost Price =7 Profit percentage= (1/7) ├Ч100 =14.28%.

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