Raghav bought 10 notebooks for Rs 40 and sold them at Rs 4.75 per notebook. Find his profit percentage.
Quick pls.
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Raghav bought 10 notebooks for Rs 40 and sold them at Rs 4.75 per notebook. Find his profit percentage.
Quick pls.
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SP= 4.75
Profit= 0.75
Profit %= 0.75/4*100=18.75%
Answer:
18.75%
Step-by-step explanation:
Cost price of 10 pens = ₹40
Selling price of 1 pen = ₹4.75
Selling price of 10 pens = ₹47.5
Profit= ₹7.5
Profit percentage = 7.5/40×100 = 18.75%