Question

A man purchases pencil at 4 for 10Rs and sell them at 5 for 16rs.find his profit percent​

Answer 1

Answer:

cost of 4 pencil = ₹10

cost of 1 pencil =₹10÷4= 2.5

selling price of 5 pencil= ₹16

selling price of 1 pencil =₹16÷5=3.2

so it is profit

profit percent =3.2÷10×100= 32÷16=2%

Answer 2

Step-by-step explanation:

To find the amount of profit or loss, subtract the smaller value from greater value. In the case of profit, selling price is always more than the cost price. Profit = Selling Price - Cost Price. Similarly, in the case of loss, the cost price is more than the selling prize