a man purchases 9pens for rupees 10 and sells them a rate of 6 pens for rupees 7 . Then his profit / loss percentage is
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cost of 9 pens =10rs.
then cost of 1 pen =10÷9 =1.11
cost of 6pens (c.p)=6.66
but he sell for 7rupees
there fore 0.34 rupees profit
profit percentage =profit÷c.p ×100
=0.34÷6.66×100
= 5.10percent profit
then cost of 1 pen =10÷9 =1.11
cost of 6pens (c.p)=6.66
but he sell for 7rupees
there fore 0.34 rupees profit
profit percentage =profit÷c.p ×100
=0.34÷6.66×100
= 5.10percent profit
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