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He buys a pen in 50.he sells that in 70 .hommuch rupees will he get?


nishantguptaji151 23rd Oct, 2020
Answers (2)
sapanapatil4561 23rd Oct, 2020
Hello!!
Cost Price of pen =50
Selling Price of Pen = 70
Here  Selling Price  > Cost Price, hence there is a profit.
Profit=Selling Price - Cost Price
70-50 = 20
There is profit of 20 . Hence the boy (he ) will get 20.
Percentage profit:
P% = Profit100 /cost price
P% = 20100 / 50
P% = 40%
There is 40%profit .
shreyashdhoke30 23rd Oct, 2020
He buys a pen at 50 rs
I.e, cost Price=50 rs
He sells this pen at the rate of 70
I.e, selling price=70rs
Profit????


As we know
Profit = Selling Price - Cost Price
I.e.,
Profit = 70 - 50
Profit = 20
That means he will get an profit of 20 rs.

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