Question

Answer for if at 15% profit the sp of dozen pencils is rs 13 then what is the cp of a pencil

Answer 1

the cost Price should be rs.11.5

Answer 2

profit i s equal to the selling price less the buying price, if the dozen of pencil was sold at rs 13 making 15% profit it means that the buying price of the dozen of pencil is rs 11.3, the question need us to find the cost of one pencil;, a dozen of pencil has go 12 pieces of pencils for us to fgind the buying price of one pencil we have to divide 11.3 by 12 to give us rs 0.95