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Exercise 7d
A book seller purchased 20 dozens of pens at the rate of Rs.375 per dozen. He sold eac
of them at the rate of Rs.33. what was his percentage profit?
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Answer:
• 1Dozen =Rs 12
20 dozen =20*12=Rs240pens
• 1 dozen pen costs =Rs375
cost of 20 dozen pens=20*375=Rs7500
•. selling price of 1 pen =Rs 33
selling price of 240 pens =Rs240*33=Rs7920
sol- profit =(sp -cp )*100/cp
=(7920-7500)*100/7500
= 5.6
Therefore the profit percentage was 5.6
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