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What was Joya's percentage of profit or loss per pen?

0 votes

Joya paid a sum of money for purchasing 20 pens, which she recovered in full when she sold 15 of them. What was her percentage of profit or loss per pen?

posted Aug 6, 2015 by Aman

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4 Answers

0 votes

33% profit
Joya sold 15 pens for the price she paid for 20 of them, so she has a profit margin of 20/15 = 1.33

answer Aug 6, 2015 by Jcm
0 votes

Let total cost price of buying 20 pens is:20x15=300Rs.
cp of one pen for joya=15 rs
selling price of one pen for joya:20rs
total profit per pen=((20-15)x100)/15=33.3333 percent is your answer

answer Mar 22, 2016 by Shahsikant Dwivedi
–1 vote

Profit=20-15 =5 Pen
Profit in

answer May 2, 2017 by Subhash Gupta
The profit is based on the cost price, not the selling price.
Profit = 5/15*100=33%
–2 votes

let cost prize of one pen =1 Rs
then cost prize of 20 pens=20Rs
15 pens selling prize=20 pens cost prize=20 Rs

answer Jan 31, 2016 by Anand Kumar Gupta
we calculate profit on cost price not selling price.