Question

A man bought a case of 10 pencils for ₹12.50. he sold the pencil at ₹ 1.50 per pencil. Did he make a profit or a loss? How much percent?​

Answer 1

Answer:

he make profit of 20 percent

Answer 2

selling price of 10 pencils= 1.50*10 - 15.00

As 15.00 is bigger than 12.50 there is a profit

profit= 15.00-12.50 = 2.50

profit%= 2.50/12.50 *100

= 20%