By selling 20 items, a shopkeeper gets a profit equal to the selling price of 5 items. What is his profit percentage? - Quantitative Aptitude MCQ Competitive Exam 2026 | ExamTest.live | ExamTest.live

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By selling 20 items, a shopkeeper gets a profit equal to the selling price of 5 items. What is his profit percentage?

A $30%$
B $25%$
C $33 \frac{1}{3} %$
D $16 \frac{2}{3} %$

Solution & Step-by-step Explanation

Let the Selling Price (SP) of 1 item be ₹ 1 .Then: SP of 20 items = ₹20 Profit = SP of 5 items = ₹5 We know that: Cost Price (CP) = SP - Profit CP of 20 items = 20 - 5 = ₹15 Now, calculate the profit percentage: Profit Percentage = (\frac{Profit}{CP}) \times 100% Profit Percentage = (\frac{5}{15}) \times 100% = \frac{1}{3} \times 100% = 33 \frac{1}{3} %

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By selling 20 items, a shopkeeper gets a profit equal to the selling price of 5 items. What is his profit percentage?

A

30%

B

25%

C

33 \frac{1}{3} %

D

16 \frac{2}{3} %

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Profit and Loss Selling Price

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