Question

A stationer buys diaries at 75 rupees per dozen and sells
them at 15 rupees per piece. What is the profit?​

Answer 1

Answer:

1dozen =12 piece

12daires price=75rupees

cost price for stationer =75

selling price for stationer=12*15=180

profit=cost price-selling price

profit for stationer at per dozen =180-75=105ruppes

Answer 2

Answer:

Required profit is 105 rupees.

Step-by-step explanation:

Given,A stationer buys diaries at 75 rupees per dozen.

We know, 1 dozen = 12

So, cost price of 12 diaries is 75 rupees.

By Unitary method cost price of 1 diary is

$\frac{75}{12} = 6.25 \: rupees$

And it is also given that selling price of 1 diary is 15 rupees.

We know profit = Selling price - Cost price

$= 15 - 6.25 \\ = 8.75 \: rupees$

So total profit = 8.75 × 12 = 105

Therefore required profit is 105 rupees.

This is a problem of Profit and loss.

Profit and loss related more information:

The profit and loss formula is used in mathematics to determine the price of an item in the market and understand how profitable a business is. Each product has a cost price and a selling price. Based on the values of these prices, we can calculate the profit or loss of a particular product. Important terms covered here are cost price, fixed, variable and semi-variable cost, selling price, marked price, list price, margin, etc. We will also learn about the profit-loss percentage formula here.

For example, for a shopkeeper, if the value of the selling price is higher than the cost price of the goods, then it is a profit, and if the cost price is higher than the selling price, then it is a loss. Here, in this article, we will discuss both the concepts of profit and loss and tips to solve problems based on it.

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