6 Views

Question : A man bought nine pens for a rupee. How many pens should he sell for a rupee to gain 50%?

Option 1: 3

Option 2: 6

Option 3: 7

Option 4: 8


Team Careers360 25th Jan, 2024
Answer (1)
Team Careers360 27th Jan, 2024

Correct Answer: 6


Solution : The cost price of 9 pens = Re. 1
The cost price of a pen = Re. $\frac{1}{9}$
Profit percentage = 50%
The selling price of a pen = $\frac{150}{100}×\frac{1}{9}$ = $\frac{1}{6}$
If 1 pen = INR $\frac{1}{6}$,
Number of pens sold for Re. 1 = 6
Hence, the correct answer is 6.

Know More About

Related Questions

TOEFL ® Registrations 2024
Apply
Accepted by more than 11,000 universities in over 150 countries worldwide
Manipal Online M.Com Admissions
Apply
Apply for Online M.Com from Manipal University
GRE ® Registrations 2024
Apply
Apply for GRE® Test now & save 10% with ApplyShop Gift Card | World's most used Admission Test for Graduate & Professional Schools
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books