Question

Candies cost rs 24 a dozen. at what price per hundred should they be sold to make a gain 12%?
Step by step answer I needed if you don't know so don't answer senseless because I need the correct answer​

Answer 1

• Answer -

Selling price per 100 days = Rs 224

• Explanation -

Given that cost dozen = 12 candies cost

Rs 24.

So cost of 1 candy is given by 24/12 = Rs

2.

So now, cost of 100 candies is

Cost of 100 candies = 100 * 2

Cost of 100 candies = Rs 200

For gaining profit 100 %,

Selling price = cost price x (100 + discount %) / 100

Selling gprice = 200(100 + 12) / 100

Selling price = Rs 224

Hence, 100 candies should be sold for Rs

224 to gain profit of 12%

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