Question

A shopkeeper buys 20 pens for rs 100 and sells them with at a rate of rs 10 per pen find gain percent

Answer 1

gain persentage is 100%

Answer 2

The profit% is 100%

Step-by-step explanation:

Cost price of 20 pens = Rs.100

Cost price of 1 pen =$\frac{100}{20}=5$

Selling price of 1 pen = Rs.10

SP>CP

So, profit

$Profit \% =\frac{SP-CP}{CP} \times 100$

$Profit \% =\frac{10-5}{5} \times 100$

$Profit \% =100\%$

Hence The profit% is 100%

#Learn more:

A shopkeeper buys 20 pens at rs 25 each and sold them at rs 600. Find his profit or loss percent

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