if the selling price of 10 pens is equal to the cost price of 14 pens find gain percent
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Answered by
1
Step-by-step explanation:
Let the Cost Price for 1 pen be Rs.100
So, Total Cost Price = 100 *14 = 1400
Selling Price for 10 pens is equal to cost of 14 pens
Therefore, Total Selling Price for 10 pens = 1400
so, SP for 1 pen = 1400/10 = 140
Profit on 1 pen = SP - Cost Price = 140–100 = 40
Profit on 1 pen = 40
Percentage Profit = Profit / Cost *100
% Profit/ Gain = 40/100*10 = 40%
Final Answer = 40%
Answered by
0
Step-by-step explanation:
sp/ cp = 14/10
profit % = ( 4/10)× 10= 40% answer
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