A florist bought 360 roses at 3100 per dozen. If
he sold them at 10 each, what is his profit as a
percentage of the cost price?
Answers
Answered by
1
Answer:
32%
Step-by-step explanation:
A florist bought 360 Rose's at ₹10 per dozen. If he sold them for ₹1.10 for each what is the profit as the percentage., So here's we have to find the selling price and then converting into a percentage.
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let's start
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We know that:
CP of 1 dozen Rose's = ₹10
CP of 12 Rose's = ₹10
(Because we know that 1 dozen = 12)
Cost price =
Selling price = ₹1.10
Total Cost price of 360 Rose's = (360 × 0.83) = ₹298.8
Total Selling price of 360 Rose's = (1.10 × 360) = ₹396
To find profit =
( ₹396 – ₹298.8 = ₹97.2 )
Profit percentage = ( PROFIT/CP ) × 100%
= ( 96/300 )
=32.%
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