A shopkeeper buys 96 pens for `2800 and sells them for a profit of 26%. Find the Selling price of one pen.
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Step-by-step explanation:
cp of one pen= 2800/96 = 29.166
profit for one pen = 29.166+[26/100*29.166]
= 7.583
so selling price of one pen = 29.166+7.583 = 36.75 rupees
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