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nswerBy selling 168 Pens a shopkeeper gains the of CP of 14 pen. Find his Gain %?Options8.33%7.14%9.38%5%

Question

nswerBy selling 168 Pens a shopkeeper gains the of CP of 14 pen. Find his Gain %?Options8.33%7.14%9.38%5%
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Solution 1

The problem states that by selling 168 pens, the shopkeeper gains the cost price (CP) of 14 pens. This means that the profit is equivalent to the cost of 14 pens.

Step 1: We need to find the profit percentage, which is (Profit/CP) * 100.

Step 2: Here, the profit is the CP of 14 pens, and the CP i 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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