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28 October, 17:41

Sanjay buys packets of pens containing 12 pens in a packet he repacks from them into packets containing 10 pens in a packet he sold these packets of 10 at the same rate as he bought the pakets of 12did he make a profit what is the percentage of his profit

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  1. 28 October, 18:20
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    Yes, Sanjay made a 20% profit.

    Step-by-step explanation:

    Price of a pen bought by Sanjay = x

    Price of packet of 12 pens bought by Sanjay = 12x

    Price of packet of 10 pens sold by Sanjay = 12x

    Price of pen sold by Sanjay = 12x/10 = 1.2x

    Difference between price of pen sold and price of pen purchased = 1.2x - x = 0.2x

    0.2 = 20%

    Therefore, the profit per pen is 20%
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