Plz answer Q2 plzz I'm not getting it
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Answer:
Cost Price of 15 pencils= Rs. 24
therefore CP of 1 pencil = rs. 24/15 = rs. 8/3
Selling Price of 10 pencils = rs. 18
therefore SP of 1 pencil = Rs. 18/10 = 9/5
To see for Loss or profit:
CP-SP= 8/3 - 9/5 = 40-27/15 = Rs. 13/15
Therefore Profit occured
Gain%= Profit/CP *100
=> 13/15 / 8/3 *100
=> 13*3*100/15*8
=> 13*5/2
=> 32.5 %
Hope it Helps
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