A shopkeeper buys 10 pencils for 25 rupees and sells them at a rate of 8 pencils for 26.4 40 find his profit percent
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Answer:
profit %= 40.25%
Step-by-step explanation:
- one pencil cost price=25/10
=5/2rs.
- one pencil selling price=26.440/8
- = 661/200rs.
- formulae of profit %=. (S.P.-C.P.)/C.P. ×100
- now sp-cp= (661-500)/200 =161/200
- profit%= 161/(200×5/2) ×100
- = ( 161×2 )/(. 200×4). ×100
- =161/4%
- =40.25%
Answered by
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The answer is 32 percent
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