Question

A shopkeeper who Sales pens starts working with a company ABC The profit earned by the shopkeeper on selling pens is given below Cost price of each pen = RS 100
Multiple Choice Select 1 out at 4 options for the question below)
I
the shopkeeper sells 225 pens, then how much profit (in %) does he make
No of pens sold
0-100
100 - ISO
150-200
200-300
Over 300
Profit Margin per pen
Rs 10
Rs. 20
Rs. 25
Rs. 30
Rs 40
​

Answer 1

Let the selling price of 1 pen be Rs 1

so selling price of 100 pens is Rs 100

he gained selling price of 20 pens

means he gained Rs 20

cost price = selling price-profit

=100-20

=80

Cost price=Rs 80

profit percent=profit/cost price×100

=20/80×100

=25

So he gained 25%