Question

A shopkepper purchased 50 dozens of notebook at the rate of Rs 200 per dozens. All the notebooks were sold at the rate of Rs 225per dozens. Find the percentage of profit in the transaction

Answer 1

Total CP- 200×50=Rs.10000

Total SP- 225×50=Rs.11250

Profit- SP-CP
=11250-10000
=Rs.1250

Profit%- 1250/10000×100=12.5%

Answer 2

The percentage of profit in the transaction is 12.5%

Step-by-step explanation:

Cost price of 1 dozen notebooks = Rs.200

Selling price of 1 dozen notebooks = Rs.225

Profit = SP - CP = Rs.225- Rs.200 = Rs.25

$Profit\% = \frac{Profit}{CP} \times 100$

$Profit\% = \frac{25}{200} \times 100$

$Profit\% = 12.5\%$

Hence  the percentage of profit in the transaction is 12.5%

#Learn more:

Sam purchased 20 dozen of toys at the rate of rs.375 per dozen. He sold each one of them at the rate of rs.33. What was his percentage profit?

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