A shopkeeper sold goods for Rs. 2400 and made a profit of 25% in the process. Find his profit percent if he had sold his goods for Rs. 2040.

CP = ?

SP = 2400

1.25 $\times$ CP = 2400

By solving this CP = 1920

$Profit \:\; ^{0}/_{0}\, =\, \left ( \frac{120}{1920} \right )\times 100=6.25\; ^{0}/_{0}$

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