A man bought books at rate of $72 per dozen and sold at rate of $25 for a packet of 5 books.What is his profit or loss?
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As given.....
Cost price of 12 books_₹72
Selling price of 5 books_₹25
so selling price of 1 book_₹25/5
and selling price of 12 books_₹25/5×12
so of 12 books_₹60
so he has loss of ₹12 on selling whole book.
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And for more
loss%=12/72×100
=16.66%
Cost price of 12 books_₹72
Selling price of 5 books_₹25
so selling price of 1 book_₹25/5
and selling price of 12 books_₹25/5×12
so of 12 books_₹60
so he has loss of ₹12 on selling whole book.
___________________________________
And for more
loss%=12/72×100
=16.66%
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