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10 votes
10 votes
If a shopkeeper made a profit of Rs100 by selling 10 pens, how much had the shopkeeper paid for buy one pen? ten pen =RS.1200​

User Kris Rice
by
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1 Answer

11 votes
11 votes

Answer:

Rs. 110

Explanation:

Details provided:

  • Profit of Rs 100 by selling 10 pens.
  • Selling price of 10 pens is Rs 1200.

Solution:

Given,

No. of pens the shopkeeper has = 10

Selling price of 10 pens = Rs. 1200

Profit made by selling them = Rs 100

So,

Actual price or Cost price of 10 pens

= Rs (1200 - 100)

= Rs 1100

Now,

Cost price for each pen

=
(Total cost of the pens)/(No. of pens)

=
Rs (1100)/(10)

= Rs 110

Hence,

The cost price for each pen the shopkeeper bought is Rs. 110 (Ans)

User AlexTheo
by
3.0k points