selling price of 20 pen is equal to the cost price of 22 pens. what is the profit percent.
Answers
Answered by
52
Answer:
10% profit.
Step-by-step explanation:
let SP of 20 pens = Rs. 2000
then, SP of 1 pen = Rs. 100
let CP of 22 pens = Rs. 2000
then, CP of 1 pen = Rs. (2000/22)= Rs. (1000/11)
now, Profit = SP-CP = (100/11)
profit % = (Profit/CP)* 100
answer = 10%
Answered by
65
Step-by-step explanation:
cost price of each pen be x
cost price of 20 pen =20x
cost price of 22 pen=22x is equal to
selling price of 20 pen =22x
profit=22x-20x=2x
profit % ={2x/20x}×100=10%
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