The cost price of 12 pens is equal to selling price of 10 pens. Find the profit percentage.
Let the CP of pen be x
CP of 12 pens = 12x
SP of 10 pens = 12x
SP of 1 pen ![]()
= 1.2x
Profit = SP – CP
= 1.2x - x
= 0.2x
Profit % ![]()
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∴ Profit percentage of pen is 20%.
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