1. The cost of 10 pens is 500. 2 pens are sold at 40 each. At what price should the remaining
pens be sold so as to gain 20% on the whole?
S.P. of 2 pens at 40 each
=
S.P. of 10 pens at 20% profit =
S.P. of remaining 8 pens
S.P. of 1 pen
=
Answers
Answered by
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Answer Remaining pens should be sold at rs.70 per pen
Step-by-step explanation:
20% of 500=500*20/100=100
To gain 20% on whole
SP should be 500+100=600
2 pens are sold at 40
So remaining 8 pens should be sold at 560
So per pen should be sold at 70 rs.
70*8=560
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