Karen bought 35 pencils for one dollar. In
order to gain 40%, how many pencils
should she sell for a dollar?
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Question :- Karen bought 35 pencils for one dollar. In
order to gain 40%, how many pencils should she sell for a dollar ?
Solution :-
Given that,
→ CP of 35 pencils = $1
So,
→ CP of 1 pencil = $(1/35)
in order to gain 40% now,
→ SP of 1 pencil = CP * (100 + gain%) / 100
→ SP of 1 pencil = {(1/35) * (100 + 40)} / 100
→ SP of 1 pencil = {(1/35) * 140} / 100
→ SP of 1 pencil = (4/100)
→ SP of 1 pencil = $(1/25) .
Therefore,
→ in $(1/25) he sell = 1 pencil
→ in $1 he sells = 1/(1/25) = 1 * (25/1) = 25 pencils.
Hence, in order to gain 40% karen has to sell 25 pencils for a dollar.
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