Question

Tim buys some pencils for ₹ 4 each and an equal number of pens for ₹ 6 each. If he sells the pens and the pencils bought at ₹ 7 each, find the percentage of the net profit he makes.

Answer 1

Answer:

40%

Step-by-step explanation:

let number of pens bought=x

cp of pencils=4x

cp of pens=6x

sp of pencil=7x

sp of pens =7x

total cp=4x+6x=10X

total sp =7x+7x=14x

%profit= $\frac{4}{10}$  *100

=40%