Math Problem Statement

A man bought 20 pens for Rs.x and the man sold each pen at the cost price of two pens. If he sold the pen at a loss of 20%, then he would have sold each pen for Rs.36 less. Find the total selling price of all pens, if he had sold each pen at a profit of 30%.

Solution

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Math Problem Analysis

Mathematical Concepts

Cost Price
Selling Price
Profit and Loss

Formulas

Profit = Selling Price - Cost Price
Loss% = ((Cost Price - Selling Price) / Cost Price) * 100

Theorems

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Suitable Grade Level

Grades 9-12