If the cost price is Rs x and the selling
6x
price is Rs
find the profit %. What
5
should be the S.P. for getting 40% profit?
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Answer:
Step-by-step explanation:
Given that, Selling price of 10 pens = cost price of 14 pens
So, let the cost price of 1 pen be Rs x
Selling price of 10 pens = Rs x
Selling price of 1 pen =Rs x/10
By using the formula,
Gain = selling price – cost price
= 14x/10 – x
= 4x/10
By using the formula,
Gain % = (gain/cost price) × 100
= (4x/10)/x × 100
= 2/5 × 100
= 4
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