The selling price of 20pens is equal to cost price of 22 pens. What is the profit percent
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Answer:
10 % profit
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= Cost price of each pen be x
= Cost price of 20 price => 20x
= Cost price of 22 pens => 22x is equal to
= Selling price of 20 pen => 22x
= Profits = 22x - 20x => 2x
= Profits % = [ 2x / 20x ] × 100 => 10 %
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