A vendor bought 8 pens for Rs. 32 and sold them at 4 for Rs. 15. Find his loss or gain percent.
Question
Solution 1
Sure, let's solve this step by step.
Step 1: Find the Cost Price (CP) per pen The vendor bought 8 pens for Rs. 32. So, the cost price per pen is Rs. 32/8 = Rs. 4.
Step 2: Find the Selling Price (SP) per pen The vendor sold the pens at 4 for Rs. 15. So, the selling price per pen is Rs. 15/4 = Rs. 3 Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI
Similar Questions
Find the percentage gain or loss when the dot pens bought for Rs. 96 per dozen were sold atthe rate of 10 for Rs. 90?
A shopkeeper purchased 12 T-shirts for Rs. 3,000 and sold them at 3 for Rs. 750. Calculate his loss or gain percent
If an object is bought for Rs 90 and then sold at a loss of 15%, how much was it sold for
If a saree is sold for Rs 1900 the seller will face 5% loss, at what price (in Rs) should he sell the saree to gain 15% profit?Options2200250023002400
A man bought 400 meters of cloth for Rs. 40,000 & sold it at a rate of Rs. 200 per one and a half meter. What was his percentage profit or loss?
Upgrade your grade with Knowee
Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.