Question

Jamie buys 10 pens and sells them for R5 each. If the 10 pens cost him R52
calculate his profit or loss per pen.​

Answer 1

Step-by-step explanation:

selling price of 1pen= 5

selling price of 10pen= 5×10

= 50

cost price of 10pen= 52

here Cp>Sp hence loss

loss = cp-sp

loss= 52-50

loss=2

loss%= (loss/cp)×100

los%= (2/52)100

loss%= 100/26

loss%= 50/13

loss%= 13 11/3

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