Keeping the printed price of Rs.5 per pen, 10% discount was given to the customer. In this transaction profit of 12.5% was gained and Rs.1800 earned. How many gross pens were sold?
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Answered by
1
The printed price of pen = 5
After discount of 10%, price of pen = 5 - 0.5 = 4.5
Profit earned after selling at discounted price = 12.5%
12.5% profit = 1.125 x Price which shopkeeper purchased or Cost Price
1.125 CP = 4.5
CP = 4.5 / 1.125
CP = 4
So, No. of pens sold will be 1800/4
= 450
After discount of 10%, price of pen = 5 - 0.5 = 4.5
Profit earned after selling at discounted price = 12.5%
12.5% profit = 1.125 x Price which shopkeeper purchased or Cost Price
1.125 CP = 4.5
CP = 4.5 / 1.125
CP = 4
So, No. of pens sold will be 1800/4
= 450
Answered by
2
Marked Price = Rs 5
Find the price after discount:
Discount = 10% of 5 = Rs 0.50
Price after discount = 5 - 0.5 = Rs 4.50
Find the profit:
Profit = 12.5%
Selling Price = 100 + 12.5 = 112.5%
Selling Price = Rs 4.50
112.5% = 4.50
1% = 4.5 ÷ 112.5 = Rs 0.04
12.5% = 0.04 x 12.5 = Rs 0.50
Find the number of pens bought:
Number of pens = 1800 ÷ 0.50 = 3600
Answer:3600 pens were sold
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