Math Problem Statement

If a retail seller buys 30 pencils at the marked price of 27 pens, find the profit percent.

Solution

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Math Problem Analysis

Mathematical Concepts

Profit and Loss
Percentage Calculation

Formulas

Profit = (Cost of 30 pencils) - (Cost paid for 27 pens)
Profit Percentage = (Profit / Cost Price) × 100

Theorems

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Suitable Grade Level

Grades 8-10