Knowee
Questions
Features
Study Tools

Select the correct answerBy selling 168 Pens a shopkeeper gains the of CP of 14 pen. Find his Gain %?Options7.14%9.38%8.33%5%

Question

Select the correct answerBy selling 168 Pens a shopkeeper gains the of CP of 14 pen. Find his Gain %?Options7.14%9.38%8.33%5%

🧐 Not the exact question you are looking for?Go ask a question

Solution

The problem states that the shopkeeper gains the cost price (CP) of 14 pens by selling 168 pens. This means that the gain is equivalent to the cost of 14 pens.

To find the gain percentage, we need to express the gain as a percentage of the cost price. The cost price in this case is the cost of 168 pens, since that's the number of pens he sold to achieve his gain.

So, the gain percentage is (Gain/CP) * 100%.

Here, Gain = CP of 14 pens and CP = CP of 168 pens.

Therefore, Gain % = (14/168) * 100% = 8.33%.

So, the correct answer is 8.33%.

This problem has been solved

Similar Questions

The c.p of 10 pens is equal to s.p of 12 pens.Find his gain% or loss%.A33.24% profitB20% profit

Select the correct answerC.P of 12 pens = S.P. of 8 pens.Calculate the gain percentage.Options60%50%70%120%

Select the correct answerA shop man bought pens at the rate of 7 for 10 and sold them at a profit of 40%. How many pens would a customer get for 10 ?Options6534

A vendor bought 8 pens for Rs. 32 and sold them at 4 for Rs. 15. Find his loss or gain percent.

Select the correct answerRavi sold 16 pens at the cost of 20 pens. What is the profit or loss percentage made by him?Options25% profit4% loss4% profit25% loss

1/3

Upgrade your grade with Knowee

Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.