Francis bought 200 dozen note books at ruppes 420
per dozen and spent 7 2,400 for transportation. If he sold each notebook for 36, find his profit or loss percentage.
Answers
Answered by
1
Answer:
Profit percentage is 18.6%
Step-by-step explanation:
200 dozen notebooks were bought for Rs 420
1dozen= 12
So, 200 dozens=200×12
=2400 notebooks
Transportation cost=Rs 72400
So, total CP=Rs(72400+420)
=Rs 72820
Now, they are sold 1 for Rs 36
So, 200 dozens=2400
2400 notebooks are sold for= Rs(36×2400)
Rs 86400
Since, SP is greater than CP,
Profit=Rs(86400-72820)
=Rs 13580
Profit percentage = (profit/CP)×100%
=(13580/72820)×100%
=18.6%
Similar questions