a man buys some articals at rs P per dozen and sells them at P / 8 per piece .what is his profit percent
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A man buys some particles at Rs.P per dozen.
So,he buys 12 particles at Rs.P.
So,he buys 1 particle at Rs. (P/12)
He sells those particles at Rs. P per piece.
So, he sells 1 particle at Rs. (P/8).
So,he gains profit: (p/8-p/12)
=3p-2p/24
=p/24
Now he gains (P/24) profit in P/12
So,he gains (p/24÷p/12) in 1
" " (p/24×12/p) in 1.
" " (1/2) in 1
Then he gains (1×100)/2 in 100
=50%
Answer is: Profit gained 50%
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