a tea stall owner bought 2dozen fruit cakes at rupees 4 each and sold them all earning a profit of 50%.how much profit did the tea stall owber make.
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Given :
Each fruit cake = Rs 4
Profit Percentage = 50 %
Finding cakes in two dozen -
1 dozen = 12 cakes
2 dozen = 2 x 12 = 24 cakes
2 dozen = 24 cakes.
Finding Cost Price of 2 dozen cakes -
1 cake = Rs 4
24 cakes = ? Rs
= 4 x 24 = 96.
2 dozen cakes = Rs 96.
Cost price of 2 dozen cakes = Rs 96.
Finding profit -
Profit Percentage = 50 %
96 x 50/100 = 48.
Profit = 48.
Hence :
Each fruit cake = Rs 4
Profit Percentage = 50 %
Finding cakes in two dozen -
1 dozen = 12 cakes
2 dozen = 2 x 12 = 24 cakes
2 dozen = 24 cakes.
Finding Cost Price of 2 dozen cakes -
1 cake = Rs 4
24 cakes = ? Rs
= 4 x 24 = 96.
2 dozen cakes = Rs 96.
Cost price of 2 dozen cakes = Rs 96.
Finding profit -
Profit Percentage = 50 %
96 x 50/100 = 48.
Profit = 48.
Hence :
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