Ramesh bought 250 pens at one rupee each and sold them at the rate of Rs 4 for5.
Find his gain or loss percent.
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Answer:
20% loss
Step-by-step explanation:
Total cost price of pens at 1 rs per pen = 250
5 pens sold at rs 4 so cost of one pen = 4/5 rs
cost of 250 pens = 250 multiplied by 4/5 = 200 rs
Cost price = 250rs
Selling price = 200 rs
Loss =C.p - S.p
250-200 = 50 rs
loss% = 20%
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Answer:
here's your answer refer to the attachment
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