A dealer bought 400 pens for 10 each. He lost
25 pens in transit. He spent 50 to search them,
but could not find any of them. If he sold
remaining pens for * 12 each, then find his overall
profit or loss percentage.
(Ans should be 11.11%)
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Answer:
cost price of 400 pens is Rs 10×400=Rs 4000
he lost 25 pens
now he has (400-25)pens=375 pens
he spent Rs 50 for searching the pens
so cost of pens Rs(4000+50)=Rs 4050
selling price of 375 pens is Rs (375×12)
=Rs 4500
so gain Rs (4500-4050)=Rs 450
profit percentage= 450×100/4050%
=450×10/405 %
=450×2/81%
=50×2/9 %
=100/9 %
. = 11.11%
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