Question

3. A florist bought 240 roses at 10 per
dozen and sold them at 31.50 each,
Find his profit or loss %,​

Answer 1

Answer:

%Profit = 3,680.

Step-by-step explanation:

When you see the word dozen that means 12 each.

12 roses=10 shillings

240 roses=?

240 roses * 10 shillings divided by 12

You get 200 shillings

200 shillings is the buying price.

to get the selling price you take 31.50 shillings multiply by the 240 roses which you will get the answer to be 7,560 shillings.

Since here the selling price is higher than the cost price/ buying price, we are going to be looking for the profit.

Profit= S.P-B.P

Profit= 7,560-200

Profit=7,360 shillings.

%Profit= Profit ÷ B.P × 100

% Profit= 7360÷200×100

%Profit= 3,680