A dealer bought 5 dozen pencil at a rate of 130 per dozen. He sold them making a profit of 25%. Find the SP of each pencil?
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Answer:
the sp of each pencil is 31%
Step-by-step explanation:
A dealer brought- 5 dozen
rate of 1 dozen - 130 dozen
profit is 25%
selling is?
130×5 =650
so 650+25%=?
25 percent of 650 is 162
so, 650+162=776
so we need to divide the answer with 5 now,
776÷5=155
we got answer 155 now do cancelling with 130/5
so we got answer 130/5 is 13
now
155÷5=31
therefore, the sp of each pencil is 31%
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