A florist bought 12 dozen roses at * 9 per dozen. At what price should he sell them to gain 33.33%? Also find the selling price of a rose.
Answers
Answer:
The profit percentage is 25%
Let us find the price of one flower
The cost of twelve flowers = 96 Rs
The cost of one flower = 96/12
∴ The cost of one flower = 8 Rs
Let us calculate the profit
The selling cost of each flower = 10 Rs
∴ Profit on each flower selling = 10 Rs – 8 Rs
∴ Profit on each flower selling = 2 Rs
Let us determine the profit percentage
Profit Percentage = 2/8 x 100
Profit Percentage = 25%
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Step-by-step explanation:
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Step-by-step explanation:
Hello student,\
C.P of 1 rose = 9/12 = 0.75
S.P of 1 rose = Re 1
Hence, since S.P. is greater than C.P. so he has made profit.
Profit = S.P. – C.P. = 1-0.75 = 0.25
Hence, profit on sale of 1 rose = 0.25
This means that the profit on sale of 240 roses = 240 x 0.25 = Rs 60
Profit % = (Profit/C.P.) x 100
= (0.25/0.75) x 100
= 100/3