Question

4. A shopkeeper buys Coca-Cola at 60 a dozen and sells at 6 per bottle. Find his profit or loss percentage.​

Answer 1

Answer:

Profit percentage = 20% profit

Step-by-step explanation:

Cost price = 60

Selling price = 6 × 12(dozen) = 72

Profit percentage = SP - CP/CP × 100%

PP = 72 - 60/60 × 100%

PP = 12/60 × 100%

PP = 0.2 × 100%

PP = 20%

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Answer 2

Answer:

profit percentage=7.2%

Step-by-step explanation:

cost price(CP)=₹60

selling price(SP)=₹6*12                                            (given :6 per bottle )

SP=₹72

SP is greater than CP therfore its profit(P)

profit(P)=SP-CP

P=72-60

P=12

Profit percentage(P%)=(profit(P)/100)*CP

P%=(12/100)*60

P%=720/100

P%=72/10

P%=7.2%