A trader purchased 40 pens for rs.300 and then sold them for 10 per pen .find the profit percentage
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Answer:
cost price- 300
sell price- 10
total pens- 40
total amount he get - 40*10 - 400
profit-SP-CP
400-300-100
profit percent- P*100/CP
100*100/300-100/3-33.3 is the answer.
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