Question

A shopkeeper bought cosmetic
At rate of Rs360 per dozen he sells it at Rs80 a pair . Find the
gain percent?

Answer 1

Here CP of 12 Cosmetic (1 Dozen)= Rs 360

CP of 1 Cosmetic = 360/ 12 = Rs 30

CP of two Cosmetic = Rs 60

SP of two cosmetic is given Rs 80

SP of two cosmetic > CP of two cosmetic

∴ It is a Profit

Profit = SP - CP

= 80 - 60

= 20

P% = (Profit/CP) × 100

=(20/60) × 100

= 100/3%

Or $33\frac{1}{3}$ %