A person buy some pencil at 5 for Rs.1 and sells them at 3 for Rs.1. his profit % is?
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Answer:
40%
Step-by-step explanation:
No of pencil bought by a person = 5 = rupees =1 = 100%
No of pencil he sells = 3 for rupees = 1 =
If 2 1/2 pencils = 50% profit, then
for 3 pencils = 40%
for 3 1/2 pencils = 30%
for 4 pencils = 20%
for 4.5 pencils = 10%
for 5 pencils = 0% profit
So the profit percentage is 40%
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