A shopkeeper bought 180 pens for ₹1200 and sold them at ₹9 each. What is the percentage profit?   0.1

Question

A shopkeeper bought 180 pens for ₹1200 and sold them at ₹9 each. What is the percentage profit?   0.1
🧐 Not the exact question you are looking for?Go ask a question

Solution 1

Step 1: Calculate the cost price per pen

The shopkeeper bought 180 pens for ₹1200. So, the cost price per pen is ₹1200/180 = ₹6.67

Step 2: Calculate the selling price per pen

The shopkeeper sold each pen for ₹9.

Step 3: Calculate the profit per pen

The profit per pen is the selling price minus Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob

Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solv

This problem has been solved

Similar Questions

A shopkeeper bought 180 pens for ₹1200 and sold them at ₹9 each. What is the percentage profit?   0.1

Mrs. Agbi bought 360 oranges at N15.00 for 40. She sold them all for N162.00. Find her percentage profit

A shop man bought pens at the rate of 7 for 10 and sold them at a profit of 40%. How many pens would a customer get for 10 ?Options3465

A shop man bought pens at the rate of 7 for 10 and sold them at a profit of 40%. How many pens would a customer get for 10 ?Options6534

A shop man bought pens at the rate of 7 for 10 and sold them at a profit of 40%. How many pens would a customer get for 10 ?

1/3