2. Rupesh bought 100 dozen pencils at 20 per dozen. He sold the pencils at32 each. What was his profitorloss
per cent?
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Answer:
cost of one dozen pencil =20 rs
total number of pencils =12 ×100
=1200
Cost of 100dozen pencils = 20×100
2000rs
SP of 1pencil =2 rs
SP of 1200 pencils = 1200×2 = 2400
SP>CP, it is profit
Profit= 2400-2000= 400 rs
Step-by-step explanation:
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