mr. rajesh calculates his profit percentage as a percentage of selling price. he sells an item for rs.150 and calculates his profit percentage to be 20% what is the true profit percentage

Answer 1

P/150 = 0.20, P = $30.

Answer 2

25%

Answer 3

(20×150) ÷100=30=profit, profit℅=(30×100) ÷120 =25℅ Hints=[cp=150-30=120]