Question

V
Solve
the followling:
Cindu bought 50 pens for $ 100. She then sold
each con for $2.50 find the profit or loss percentage ​

Answer 1

CP of 50 pens = $100

CP of 1 pen = 100/50 = $2

SP of each pen = $2.50

Profit = (SP-CP)

=$(2.50-2)

=$0.50

Profit% = (Profit/CP×100)

= (0.50/2×100)

= 25%

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