Maya bought 20 pencils for rupees 50 and sold them at rupees 3ea what was a profit or loss percent
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Answer:
Step-by-step explanation:
The profit percentage is 60%.
Step-by-step explanation:
Given : Mihir bought 20 refills and sold them at 4 rupees each. If it had cost 50 rupees for the refills.
To find : What was his profit or loss percent?
Solution :
The cost price is CP=Rs.50
Mihir bought 20 refills and sold them at 4 rupees each.
The selling price is
As SP>CP
Profit = SP-CP
Profit= Rs.80-Rs.50
Profit= Rs.30
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