A shopkeeper buys mangoes at the rate of 8 a rupee and sells them at 3 a rupee. Find his net profit or loss percent?	Options:
A) 33 4/3 %
B) 33 1/7 %
C) 62.5 %
D) 32 1/3 %
E) 33 2/3 %
The total number of mangoes bought by the shopkeeper be 24.   If he buys 8 a rupee, his 62.5 %P = 3   He selling at 3 a rupee, his SP = 8   Profit = SP - 62.5 %P = 8 - 3= 
<gadget id="calculator">8 - 3</gadget>
<output>5</output>
5   Profit Percent= 5/8 * 100= 
<gadget id="calculator">5/8 * 100</gadget>
<output>125/2 = around 62.5</output>
62.5 %   Answer:62.5 %
<result>C</result>
A shopkeeper buys mangoes at the rate of 8 a rupee and sells them at 3 a rupee. Find his net profit or loss percent?