Question

A fountain pen was sold for Rs.18. There was a gain of 1/6 of S.P. on it. Find the C.P and
percentage profit.​

Answer 1

Step-by-step explanation:

SP of fountain pen=RS.18

Gain = 1/6 of SP

So,

1/6x18=3

Gain= Rs.3

CP of fountain pen= SP-Gain

Rs.18-3 = Rs.15

Profit Percentage=Gain/CP x 100

3/15x100=20 %

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