By selling 60 pens a shopkeeper gain the cp of 15 pen. If he bought 20 pens in rs36. Find the sp of one pen
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Step-by-step explanation:
CP of 20 pens = ₹36
CP of 1 pen = ₹36/20
CP of 15 pens = ₹36/20×15 = ₹27
CP of 60 pens = 27×60/15 = ₹108
Given that,
By selling 60 pens a shopkeeper gain the cp of 15 pen
So, By selling 60 pens the shopkeeper gained ₹27
Profit = ₹27
CP = ₹108
SP = CP+profit = 108+27 = ₹135
Then, SP of one pen = 135/60 = ₹2.25
Hope this helps you
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