SOLUTION: 16 pens were bought for $5 each and sold at 4 for $30 what is the percentage profit.
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Question 972191: 16 pens were bought for $5 each and sold at 4 for $30 what is the percentage profit.
Answer by josmiceli(19441) (Show Source): You can put this solution on YOUR website!
The cost is:
The selling price is:
In dollars, the profit is:
-------------------
The % profit is:
50% profit
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