Question

Atul purchased 120 pencil at the rate of 2 rupees per pencil. He sold 72 of them at the rate of 2.5 rupees of per pencil and the remaining at the rate of 2 rupees per pencil. Find his profit and loss.

Answer 1

Answer:

Step-by-step explanation:

CP OF 120 pencils = 120 x 2 = Rs 240

72 pencils = 72 x 2.5 = Rs 180

48 pencils = 48 x 2 = Rs 96

180 + 96 = 276

SP = Rs 276

Profit = SP - CP

        = 276 - 240

        = Rs 36

Profit% = Profit / CP x 100

            = 36 / 240 X 100

             = 3600 / 24 = 15%

Atul selled the pencils at 15% of profit