Suvidha purchased 20 pens at rupees 12 she sold them at a 50 rupees each did she make a profit or loss calculate the amount of the profit or loss also calculate the profit percent or loss percent
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Answer:
He made a profit of ₹760.. The profit % = 316.6...
Step-by-step explanation:
Given that Suvidha purchased 20 pens at ₹12 each.
∴ Cost Price (CP) = ₹12 X 20
= ₹240
Selling Price (SP) = ₹50 x 20
= ₹1000
He got a profit....
Profit = Selling Price - Cost Price
= ₹1000 - ₹240
= ₹760
Profit % = x 100
= x 100
= 316.6%
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