pens arebought at 5 for rupees 60 are sold at 2 for rupees 30 find the cost price of each pen and find the selling price of each pen and find the profit or loss made on selling one pen
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cost price of one pen=60/5=Rs.12
selling price of one pen=30/2=Rs.15
Profit =Sp.-Cp.=15-12= Rs.3
therefore there is a profit of Rs.3 by selling one pen
selling price of one pen=30/2=Rs.15
Profit =Sp.-Cp.=15-12= Rs.3
therefore there is a profit of Rs.3 by selling one pen
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Answer:
Step-by-step explanation:
Cost price of 5 pens(c. P) =₹60
=60/5
=. Cost price of 1 pen =₹12
Selling price of 2 pens(s. p) =₹30
=30/2
Selling price of one pen= ₹15
(s. p) - (c. p) =15-12
=₹3
The profit made by selling price =₹3
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