. A shopkeeper buys 100 pens for 10 each and sells 20 of them at a gain of 10%. What percent he sells the remaining so as to gain 20% in all.
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Answer:
18.75%
Step-by-step explanation:
Let the 20 pens were sold for "y" each
Total cp = 100*10 = 1000
[(20y-200)/20y ]*100 = 20
20y-200 = 4y
16y = 200
4y = 50
y = 12.5
So, he sold 20 pens in = 12.5*20
= 250
Let the 80 pens were sold for "z" each
So, [{(80z + 250) - 1000}/1000]*100 = 20
Or, 80z + 250 = 1200
80z = 950
z = 11.875
[ (11.875-10)/10 ]*100 = 18.75 %
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