A dozen pens are sold for Rs. 480 at a profit of Rs. 120. What is the cost of all the pend?What is the cost price of each pen?
Answers
Answered by
0
cost of 12 pens(a dozen) = 120
selling price of 1 pen = 15
selling price of 12 pens = 12*15 = 180
profit = sp - cp = 180 - 120 = 60
profit % = profit / cp * 100
= 60/120*100
= 50%
Answered by
3
Selling Price for 12 pens = ₹ 480
Profit = ₹ 120
Cost Price = SP - Profit = ₹ (480 - 120) = ₹ 360
Cost of 1 pen = ₹ (360/12) = ₹ 30.
OR
Selling Price for 12 pens = ₹ 480
Selling Price for 1 pen = ₹ (480/12) = ₹ 40
Profit in 12 pens = ₹ 120
Profit in 1 pen = ₹ (120/12) = ₹ 10
Cost of 1 pen = ₹ (40-10) = ₹ 30.
Cost of 12 pens = ₹ (30×12) = ₹ 360
Similar questions