By selling 63 pens, a shopkeeper gains an amount equal to the selling price of 13 pens. Find his gain percentage
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Answer:
he gain profit of 26 %
Step-by-step explanation:
given
By selling 63 pen
gain profit = selling price of 13 pen
let the selling price of one pen is 1
then
SP of 63 pen = 63
profit = SP of 13 pen = 13
so we can find CP of all 63 pen
CP = SP - profit
CP = 63 - 13 = 50
CP = 50
SP = 63
profit = 13
so profit percent = (profit / CP ) ×100
= (13/50)×100
= 13×2 = 26 %
profit = 26%
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