Question
Mohit sold 5 pens making a 8% profit on each and another
15 pens making a 12% profit on each. If the total selling price for all 20 pens was ₹555, what was the cost price of one pen?Solution
Let the cost price of a pen = t
Selling price = ₹555
[(5 * 108/100) + (15 * 112/100)] of t = ₹555
(540 + 1680)t = 55500
2220t = 55500
t = ₹25
Hence, the cost price of a pen = ₹25
More Profit and loss Questions
What is the rank of India in the 2024 Global Hunger Index (GHI)?
Recently, where was the first Joint Commanders’ Conference (JCC) held?
Tropical cyclones originate over which of the following regions?
Which state won the edition of the 2023 Santosh Trophy, securing their 5th title in the tournament's history by defeating Services in the final?
- Blood is classified as which type of tissue?
What is the capital of Moldova?
- Which city hosted the 11th World Future Energy Summit (WFES) in 2024?
NIEPVD joined hands with the Daisy Forum of India (DFI) to facilitate the provision of an online library containing accessible books and related resourc...
- For concave mirrors, what position of an object results in a virtual, erect image?
- Who has recently been appointed as Executive Director of Reliance Industries Limited?