A shopkeeper wrongly calculates his profit on the selling of an article and finds it to be 40%. What is his actual profit percentage?

A shopkeeper wrongly calculates his profit on the selling of an articl

1.	A shopkeeper wrongly calculates his profit on the selling of an article and finds it to be 40%. What is his actual profit percentage?
A.	\(64\frac{1}{3}\)
B.	\(56\frac{1}{3}\)
C.	\(66\frac{2}{3}\)
D.	\(60\frac{2}{3}\)
Answer» D. \(60\frac{2}{3}\)

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A shopkeeper wrongly calculates his profit on the selling of an article and finds it to be 40%. What is his actual profit percentage?

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