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By selling 20 pens a shopkeeper gains equal to the selling price of 4 pens. What is his gain percent?
  • a)
    15%
  • b)
    20%
  • c)
    25%
  • d)
    30%
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
By selling 20 pens a shopkeeper gains equal to the selling price of 4 ...
Let selling price of 20 pens = Rs. 20
∴ Now Gain = Rs. 4
Cost Price = 20 – 4 = 16
Hence Gain percent 4/16 x 100 = 25%
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Community Answer
By selling 20 pens a shopkeeper gains equal to the selling price of 4 ...
25% is correct answer. I explain this question. Let the of
1 pen=Rs1.
Then sp of 20 pen=Rs 20
Profit=Rs4. Cp=sp-p. SO 20-4=16.P%=4/16*100=25%
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