Question

A shop keeper purchased 100 ballpens for 250 he sold each pen for ₹4find the profit percent detail answer

Answer 1

The cost of 100 pen is 250

But

Selling price of 100 pen is 400

(Because 4 x 100 )

Now

profit = SP - CP

profit = 400 - 250

Profit = Rs 150


Now

Profit % = (profit / cost price) x 100

Profit % = ( 150 / 250 ) x 100

Profit % = 60%


Hope it helps