Question

1. A shopkeeper purchases pens for 40 per dozen
and sells them for 50 per dozen. Find (a) his profit or loss (b) or loss percent. ​

Answer 1

Answer:

profit of ₹10

Step-by-step explanation:

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Answer 2

Answer:

$25$%

Step-by-step explanation:

Cost price = ₹40

Selling price = ₹50

Profit = $Selling price - Cost price$

= ₹50 - ₹40

= ₹10

Profit percent =   $\frac{Profit}{cost price}100$

= $\frac{10}{40}100$

= $25$%