A vendor purchases binder clips at 12 for Rs. 60. How many clips should he sell for Rs. 60 to earn a profit of 20%?
Question
Solution 1
Step 1: Find the cost price of one binder clip. The vendor purchases 12 binder clips for Rs. 60, so the cost price of one binder clip is Rs. 60 / 12 = Rs. 5.
Step 2: Calculate the selling price for one binder clip to earn a profit of 20%. The selling price will be the cost price plus the profit. Th 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.
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