A book sellers buys 500 pencils at rupees 4 each he sells three hundred of them at rupees 5 and the rest at rupees 6 find his gain percent
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Answer:
A book seller gain profit of 35%
Step-by-step explanation:
cost price=500x4=rs2000
He sold 300 pencil at =300x5=rs1500
He sold 200 pencil at =200x6=rs1200
Total sold price =rs2700
Total cost price=rs2000
Profit =s.p - c.p=2700-2000= rs700
Profit percentage
=profit/c.p*100=700/2000*100=35%
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