Rijwan buys a pen from a wholesaler at 10 for 20 pens. He sells these pens at 10 for 15 pens. Find his profit or loss per cent.
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Answered by
2
Cp per pen = 0.50
SP per pen = 0.66
profit per per is 0.16
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Answered by
11
Answer: 25%
Step-by-step explanation:
Given : Cost price = Number of pens bought / Price payed
=> 20/10 = ₹ 2 for a pen
Selling price = 15/10 = ₹ 1.5 for a pen
Profit earned = Sp - Cp
=> 2.00 - 1.50
=> 0.5 rupees
Profit percentage = Profit × 100 / CP
=> 0.5 × 100 / 2
=> 50/2 = 25%
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