1.

A retailer buys 40 pens at the market price of 36 pens from a wholesaler ,if he sells these pens giving a discount of 1% ,what is the profit % ?

Answer»

Let the market price of each pen 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*100)/36) %=10%



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