Question

A trade purchased 40pens for ₹300 and then sold them at ₹10per pen . Find the profit percentage

Answer 1

Step-by-step explanation:

c.p of 40 pens=300

c.p of 1 pen=300/40

=7.5

s.p of 1 pen=10

s.p of 1 pen =10x 40

=400

profit amount=10-7.5

=2.5

profit%= profit/c.p x 100

=2.5/7.5 x 100

=33.33%

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