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A man buys 50 pens at marked price of 46 pens from a whole seller.If he sells these pens giving a discount of 1% ,what is the profit percent?5.3%7.6%10.6%12%

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A man buys 50 pens at marked price of 46 pens from a whole seller.If he sells these pens giving a discount of 1% ,what is the profit percent?5.3%7.6%10.6%12%
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Solution 1

Step 1: Let's assume the cost price of each pen is 1.So,thecostpricefor46pensis1. So, the cost price for 46 pens is 46.

Step 2: The man buys 50 pens for the price of 46 pens. So, the cost price for 50 pens is also $46.

Step 3: The selling price of each pen is reduced by 1%. So, the selling price of each pen is 11 - 0.01 = 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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