A shopkeeper by selling 5 items, earns a profit equal to the selling price of 1 item. What is his profit percentage?

A shopkeeper by selling 5 items, earns a profit equal to the selling p

1.	A shopkeeper by selling 5 items, earns a profit equal to the selling price of 1 item. What is his profit percentage?
A.	0.2
B.	0.25
C.	0.16
D.	0.225
Answer» C. 0.16

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A shopkeeper by selling 5 items, earns a profit equal to the selling price of 1 item. What is his profit percentage?

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