A wholesaler bought 1200 pens for TK 18 each . He sold 60% of the pens for TK. 30 each and remaining for TK. 15 each. What was his average profit per pen ?
Created: 6 years ago |
Updated: 2 years ago
best des
Total cost = 1200×18 = 21600 TK.
Revenue from 60% pens = (60% of 1200)×30 = 720×30 = 21600 TK
Revenue from the rest of pens (40%) = (40% of 1200)×15 = 7200 TK
Total revenue = 21600 + 7200 = 28800 TK
Profit = 28800 - 21600 = 7200 TK.
Profit per pen = 7200/1200 = 6 TK
Md Azizur Rahman
Founder of Satt
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