A Person bought pencils at rupees 20per dozen and sold them at rupees 2per pencil. find the profit per cent
Answers
Answer:
profit% = 20 %
Step-by-step explanation:
profit% = profit /cost price ×100%
= 4 /20×100%
= 20 %
Answer:
His Profit% is 20%
Step-by-step explanation:
Considering that a person bought pencil at Rs 20 per dozen.
That 12 pencil cost Rs20
Thus 1 pencil will cost \frac{20}{12}
12
20
Selling price of the 1 pencil is Rs 2.
We know Profit = Selling Price - Cost Price
\begin{gathered}\Rightarrow Profit=2-\frac{20}{12} \\\\\Rightarrow Profit = \frac{24-20}{12} \\\\\Rightarrow Profit = \frac{4}{12}=\frac{1}{3}\end{gathered}
⇒Profit=2−
12
20
⇒Profit=
12
24−20
⇒Profit=
12
4
=
3
1
We know That Profit\%=\frac{Profit}{Cost Price} \times 100Profit%=
CostPrice
Profit
×100
Substituting the known values
\begin{gathered}\Rightarrow Profit\%=\frac{\frac{1}{3} }{\frac{20}{12} } \times 100\\\\\Rightarrow Profit\%=\frac{1}{3}\times \frac{12}{20}\times 100\\ \\\Rightarrow Profit\% = 20\%\end{gathered}
⇒Profit%=
12
20
3
1
×100
⇒Profit%=
3
1
×
20
12
×100
⇒Profit%=20%
Learn More:
A man bought eggs at the rate of 9 for ₹36 and sold them at the rate ₹60 per dozen. how many eggs should he sell to earn a net profit of ₹50
Step-by-step explanation: