Question

A person bought pencils at 20 per dozen and sold them at 2 per pencil. Find his profit per cent .​

Answer 1

Answer:

his profit percent is 20%.

Step-by-step explanation:

selling price of dozen pencils=2*12=24

he made a profit of 24-20=4

profit percent=4/20*100%

=4/1*5%

=20%

hence, profit percent is 20% in this case.

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