A shopkeeper buys mangoes at the rate of 4 a rupee and sells them at 3 a rupee. Find his net profit or loss percent?

A shopkeeper buys mangoes at the rate of 4 a rupee and sells them a

1.	A shopkeeper buys mangoes at the rate of 4 a rupee and sells them at 3 a rupee. Find his net profit or loss percent?
A.	33.33%
B.	40%
C.	47.67%
D.	52%
Answer» B. 40%

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A shopkeeper buys mangoes at the rate of 4 a rupee and sells them at 3 a rupee. Find his net profit or loss percent?

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