Question

A florist bought 240 roses at 10 per dozen and sold them at 1.50 each. Find his profit or loss

Answer 1

number of roses = 240

cost = Rs. 10 per dozen

number of dozens = 240/12 = 20 dozens

cost price = 20×10 = Rs. 200

he sold them at Rs. 1.50 each

selling price = 240×1.50 = 360

profit = 360 - 200 = Rs. 160

% profit =

He earned 80% profit.

Step-by-step explanation:

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Answer 2

The profit percentage = 80%

Given:

A florist bought 240 roses at 10 per dozen

Sold them at 1.50 each rose

To find:

Find his profit or loss

Solution:

Given 240 roses bought at 10 per dozen

240 roses = 240/12 = 20 dozens

⇒ cost of 20 dozens = 20 × 10 Rs = 200 Rs.

Given that each flower is sold at 1.50 Rs

⇒ Selling Price of 240 roses = 240 × 1.50 Rs = 360 Rs.

Here, Selling price > Cost Price  

then florist will gain at end

Profit = 360 - 200 = 160 Rs

⇒  Profit% = (profit/C.P)×100  

Profit% = (160/200)×100 = 80%

Therefore,

The profit percentage = 80%

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