Question

articles about at 45 per dozen and sold at 85 per score find the gain or loss percent

Answer 1

Cost price= 45.
Selling price= 85.
So profit= S.P - C.P.
= 85-45.
= 40.
Profit Percentage is calculated on cost price.
Therefore profit%=( profit/C.P.)*100.
= (40/45)*100.
=88.89%.
Hope it helps.