A shopkeeper purchased 100 ball pens for ₹250 He sold each pen for₹4 find the profit percent
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Answer:
60% profit
Step-by-step explanation:
CP of 100 pens = ₹250
SP of 1 pen = ₹4
SP of 100 pens = ₹4×100 = ₹400
Profit = SP - CP = ₹400 - ₹250 = ₹150
Profit percent = Profit/CP × 100 = 150/250 × 100 = 60%
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60% profit is the right answer
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