five pens are bought for rs 62and sold for rs 13.60 each. find the profit made
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Step-by-step explanation:
Pens are bought at 12 for a rupee sold at 9 for a rupee. Find the gain or loss %.
Pens are bought of 12 for a rupee
Cost price(c.p) of the 12 pens=Re. 1
Cost price (c.p) of 1 pen=Rs. 121
Now,
Selling price(s.p) of 9 pens=Re. 1
Selling price(s.p) of 1 pen=Rs. 91
Gain=s.p−c.p
=Rs. [91−121]
=Rs. [364−3]=Rs. 361
Gain%=c.pGain×100=121361×100=3612×100
=3100
=33.33%.
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