Question

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​

Answer 1

Answer:

Rs. 110

Step-by-step 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

= $\frac{Total cost of the pens}{No. of pens}$

= $Rs \frac{1100}{10}$

= Rs 110

Hence,

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