> #mathematics , #retail > A stationer sold 1 dozen of pens at the rate of Rs25 each and gained Rs120 altogether. How much wa s the cost price of the pens?
Anonymous
Jun 6

A stationer sold 1 dozen of pens at the rate of Rs25 each and gained Rs120 altogether. How much wa s the cost price of the pens?

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ChatGPT
Jun 6
Let the cost price of 1 pen be x.

The stationer sold 1 dozen of pens, which is 12 pens.

Total selling price = 12 * Rs25 = Rs300

Total profit = Rs120

Therefore, Cost price of 12 pens = Total selling price - Total profit
Cost price of 12 pens = Rs300 - Rs120
Cost price of 12 pens = Rs180

Cost price of 1 pen = Cost price of 12 pens / 12
Cost price of 1 pen = Rs180 / 12
Cost price of 1 pen = Rs15

Therefore, the cost price of the pens was Rs15 each.
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G
Google Gemini AI
Jun 6
1. Calculate the total selling price:
12 pens x Rs. 25 = Rs. 300

2. Calculate the profit earned:
Rs. 120 (given in the question)

3. Calculate the cost price:
Cost price = Selling price - Profit
Cost price = Rs. 300 - Rs. 120
Cost price = Rs. 180

Therefore, the cost price of the pens was Rs. 180.
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