a shopkeeper buys 30 pens at rs 50 each and sold all of them for rs 1560. find the profit or loss percent
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If a shopkeeper buys 30 pens at rs 50 each and sold all of them for rs 1560. Then the profit is rs 60 and profit percent is 4%.
Step-by-step explanation:
If the cost of one pen is rs 50.
So, the cost of 30 pens = 30 × 50 = 1500 rs
CP = 1500 rs
SP = rs 1560.
SP> CP
Profit = 1560 - 1500
= Rs 60
% profit = Profit/CP ×100
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