A shopkeeper by selling 8 iphones, earns a profit equal to the selling price of 3 iphones. His profit percentage is
A.60 percent
B.55 percent
C.75 percent
D.15 percent
Answer and Feedback
Answer:A
Feedback:Profit = (8-3) = 5
Profit percentage = 3 X 100 /5 = 60%
Profit percentage = 3 X 100 /5 = 60%