Jimit brought a box of 25 pens for Rs750. He sold all the pens at the rate of Rs 21 each. Was there a profit or a loss? What was the percentage?
please answer this question and give easy answers and easy steps please
6th std
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Answer:
30% loss
Step-by-step explanation:
Cost of 25 pens= ₹750
Cost of 1 pen is 750/25= ₹30
Hence CP of 1 pen is ₹30, and SP of 1 pen is ₹21 (given)
Clearly, it is a loss of ₹9.
Loss%=(Loss/CP)*100
=(9/30)*100
=(3/10)*100
=30%
Hope it helped!
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