A man purchased a dozen pens for rs 25 each and sold them for rs 28 each . Find the total profit as well as profit percent on the transaction
Answers
Answered by
17
Answer:
12 %
Step-by-step explanation:
CP = 25
SP = 28
profit = 3
total frofit = 12*3
= 36
total CP = 25*12
= 300
total SP = 28*12
= 336
profit. = 36
frofit % = 36*100/300
= 3600/300
= 12 %
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Answered by
0
Cost price of 1 pen : Rs 25
Cost price of 25 pens : Rs 25 *12 = RS 270
Selling price of 1 pen : RS 28
Selling Price of 25 pens : RS 28 * 12 = RS 336
Here ,
Since SP > CP , So its profit
Profit = SP - CP
= 336-270
=RS 66
Again ,
Profit percent = profit / CP *100%
= 66/270 *100%
= 24.44%
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