a florist bought 240 roses at rupees 9 per dozen. if he sold all of them at rupees 1each what profit did he make? also what is his profit per cent?
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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. ā 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
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