Question
A shopkeeper buys 30 pens at Rs. 18 each and sells all
of them at Rs. 25 each. Find his approximate profit percentage.Solution
Cost price of 30 pens = 30 × 18 = Rs. 540 Selling price of 30 pens = 30 × 25 = Rs. 750 Profit = 750 − 540 = Rs. 210 Profit % = (210 / 540) × 100 = 38.89% (approx.) Answer: Approximately 38.89% profit
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