Question

A trader purchased 40 pens for Rs.300 and then sold them for Rs.10 per pen.Find the profit percentage​

Answer 1

Answer:

Given,

Cost price(CP)=300/

Selling price(SP) of

1 pen=10/

40 pens-40×10=400/

Profit=SP-CP

Profit=400-300

Profit=100/

Profit percent=(profit/CP)x100

= (100/300)×100

=(1/3)×100

=100/3

= 33.3333..

Step-by-step explanation:

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