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Sticky Note
A shopkeeper buys a book for 30 and sells it for 40. Profit %?
  1. 25%
  2. 30%
  3. 33.3%
  4. 40%
Explanation

 profit/cost price*100

10/30*100=33.33.....%

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A boy sold his bicycle for $2400 and earned 20% profit. What was the original price (the price without the profit) of the bicycle?
  1. 1940
  2. 1960
  3. 1980
  4. 2000
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