By selling 90 balls pens for 180 rupees a person loses 20% How many ball pens should he sell for rupees 96 so as to have a gain of 20%
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Given that, By selling 90 balls pens for 180 rupees a person loses 20%.
It means,
Selling Price of 90 ball pens = Rs 180
So,
Selling Price of 1 ball pen = Rs 2
Loss % = 20 %
We know,
So, on substituting the values, we get
Now,
Cost Price of 1 ball pen = Rs 2.50
Profit % = 20 %
We know,
So, on substituting the values, we get
So, it means Selling Price of 1 ball pen is Rs 3 to ensure profit of 20%
So, For Rs 96, the number of ball pens sold = 96 ÷ 3 = 32
Hence, 32 ball pens be sold for Rs 96 to get a profit of 20 %.
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