Francis bought 200 dozen notebooks at ₹420 per dozen and spent ₹2,400 for transportation.If he sold each notebook for ₹36, find his profit or loss percentage
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Francis bought =200 dozen notebooks
Cost of each dozen notebooks =Rs 420
Cost of 200 dozen notebooks = 420*200 = Rs 84000
Amount spent in transportation = 2400
Total CP=84000+2400=86400
So, SP of one dozen=36*12=Rs432
SP of 200 dozen notebooks = 200*432 =Rs 86400
So, in this case their is no profit and no loss.
Cost of each dozen notebooks =Rs 420
Cost of 200 dozen notebooks = 420*200 = Rs 84000
Amount spent in transportation = 2400
Total CP=84000+2400=86400
So, SP of one dozen=36*12=Rs432
SP of 200 dozen notebooks = 200*432 =Rs 86400
So, in this case their is no profit and no loss.
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