By selling 100 pencil, a trader gains the cost of 33 Pencil.
By selling 100 pencil, a trader gains the cost of 33 Pencil. Find his gain percentage?
Answer/Solution
33 %
Steps/Work
C
33 %
Let the CP of each pencil be Rs. 1.
CP of 100 pens = Rs. 100
Profit = Cost of 33 pencil = Rs. 33
Profit% = 33/100 * 100 = 33 %
33 %
Let the CP of each pencil be Rs. 1.
CP of 100 pens = Rs. 100
Profit = Cost of 33 pencil = Rs. 33
Profit% = 33/100 * 100 = 33 %