Articles are bought at ₹ 45 per dozen and sold at ₹ 85 per score . Find the gain or ...
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the gain is 40
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Answer:Profit = 13.33%Step-by-step explanation:Articles are bought at rs. 45 per dozen.1 Dozen = 12 numbers.∴ Buying price of each Article = rs. 45/12 = rs. 3.75Articles are sold at rs. 85 per score.One score = 20 numbers∴ Selling price of each Article = rs. 85/20 = rs. 4.25Proffit of lossProfit or loss is calculated asProfit or loss per piece (P)= (Selling Price - Buying price)∴ P = 4.25 - 3.75∴ P = 0.5 rs.As P is positive, it is profit.% Profit = (Profit / Buying price) * 100% Profit = (0.5 / 3.75) * 100% Profit = 13.33 %
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