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A store buys 12 pens for 11.28. The store sells each pen for 1.99. What is the stores profit per pen

User MattDiMu
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Answer:

Cost of a dozen pens = GH$ 4.80

Selling price of a dozen pens = GH$ 48*12/100

= 5.76

Total profit percent = S.P-CP*100/CP

5.76-4.8*100/4.8 = 20%

User Keith Fitzgerald
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