Question

gain per cent.
let A shopkeeper buys pencils at 10 for 10 and sells them at 8 for 3 10. Find the
profit per cent.
700 is sold for 5,900?​

Answer 1

Step-by-step explanation:

c.p of 10 pencils = ₹10

c.p of 1 pencil is = ₹10/10= ₹1

s.p of 8 pencils = ₹ 10

s.p of 1 pencil = 10/8= ₹1.25

gain = 1.25 -1 = ₹ 0.25

gain percent = (gain/ cost price) × 100 =(0.25×1)×100 = 0.25 ×100

gain %=25%