Question
A retailer buys 40 pens at the marked price of 36 pens from a wholesaler. If he sells these pens giving a discount of 1%, what is the profit percentage?
Answer: Option B
- Let the marked price of each pens be Rs.1
Then, C.P. of 40 pens = Rs 36 S.P. of 40 pens = 99% of Rs.40 =Rs.39.60
.: profit % (3.60/36 x 100)% =10%
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- Let the marked price of each pens be Rs.1
Then, C.P. of 40 pens = Rs 36 S.P. of 40 pens = 99% of Rs.40 =Rs.39.60
.: profit % (3.60/36 x 100)% =10%
Was this answer helpful ?
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