Question

If cost price of 12 pens for Rs.16, then selling price of one pen to gain profit of 50% is * Options rs.5 , rs.3 , rs.2​

Answer 1

Answer:

= 100/3 or 33.33%

Step-by-step explanation:

Let 16 pens cost Rs.100. Hence 1 pen will cost 100/16.

SP of 12 pens = Rs.100. Hence SP of 1 pen = 100/12

Profit = 100/12 - 100/16= 800-600/96 or 200/96

Or 25/12.

Proit % = profit ÷ cp x 100 = 25/12 × 16/100 x100

= 100/3 or 33.33%

Answer 2

Answer:

Rs. 2

Step-by-step explanation:

Cost Price of 12 Pens = Rs. 16

Profit = 50%

50% of Rs. 16 = 16 * (50/100) = 8

To gain 50% profit, selling price of 12 pens must be = 16 + 8 = 24

Selling price of a one pen = 24/12 = 2