Question

A shopkeeper bought 240 chocolates at ` 9 per dozen. if he sold all of them at re. 1 each, what was his profit per cent?

Answer 1

Cost Price (C.P) of 1 chocolate = 9/12 = 0.75

Selling Price (S.P) of 1 chocolate = Rs 1

since S.P>C.P, he has made profit.

Profit = S.P. – C.P. = 1-0.75 = 0.25

Hence, profit on sale of 1 chocolate = 0.25

This means that the profit on sale of 240 chocolates = 240 x 0.25 = Rs 60

Profit % = (Profit/C.P.) x 100

= (0.25/0.75) x 100

= 100/3 = 33.3% profit

Answer 2

Answer:

Can be solved orally.

33.33 %

Explanation:

9 per dozen

since 240 makes 20 dozens, so the cost will be 180

if we sold at 1 Re each then Profit of 60 over 180 that's 1/3 = 33.33 %