Step 1: First, we need to find out how much the guy earned from selling the pencils. He sold them for Rs. 60.

Step 2: Then, we need to find out how much he spent to buy the pencils. He bought them for Rs. 50.

Step 3: To find out his gain, we subtract the cost price from the selling price. So, 60 - 50 = Rs. 10.

Step 4: To find out the gain in terms of percentage, we divide the gain by the cost price and then multiply the result by 100. So, (10/50) * 100 = 20%.

Therefore, the guy's gain is 20%.

Question

Step 1: First, we need to find out how much the guy earned from selling the pencils. He sold them for Rs. 60.

Step 2: Then, we need to find out how much he spent to buy the pencils. He bought them for Rs. 50.

Step 3: To find out his gain, we subtract the cost price from the selling price. So, 60 - 50 = Rs. 10.

Step 4: To find out the gain in terms of percentage, we divide the gain by the cost price and then multiply the result by 100. So, (10/50) * 100 = 20%.

Therefore, the guy's gain is 20%.

Knowee AI · Accepted Answer

Step 1: First, we need to find out how much the guy earned from selling the pencils. He sold them for Rs. 60.

Step 2: Then, we need to find out how much he spent to buy the pencils. He bought them for Rs. 50.

Step 3: To find out his gain, we subtract the cost price from the selling price. So, 60 - 50 = Rs. 10.

Step 4: To find out the gain in terms of percentage, we divide the gain by the cost price and then multiply the result by 100. So, (10/50) * 100 = 20%.

Therefore, the guy's gain is 20%.

A guy bought 10 pencils for Rs. 50 and sold them for Rs. 60.What is his gain in terms of percentage?

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