a whole seller sells 30 pens for price of 27 pens to a retailer .the retailer sells the pen at the marked price . find the profit percent of retailer
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Answer:
11.11percent
Step-by-step explanation:
let market price be x
cost price for 30pens=27x
so cp of one pen= 27x/30
now selling price of one pen=x
sp for 30 pens= 30x
gain = 3x/30
gain percent= (gain×100)/cp
=(3x/30×100)/27x/30
=100/9
=11.11 percent
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