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The selling price of 30 items is equal to the purchasing price of 25 items. What is the profit percent? 25% 20% 16.67% 20.33%

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The selling price of 30 items is equal to the purchasing price of 25 items. What is the profit percent? 25% 20% 16.67% 20.33%
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Solution 1

Let's solve this step by step:

Step 1: Let's assume the purchasing price of one item is 1.Therefore,thepurchasingpriceof25itemswouldbe1. Therefore, the purchasing price of 25 items would be 25.

Step 2: According to the problem, the selling price of 30 items is also 25.So,thesellingpriceofoneitemwouldbe25. So, the selling price of one item would be 25/30 = $0.8333.

Step 3: N Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.

Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
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