Question

Harry bought 60 pencils for ₹225 and sold them for ₹4 each. What was his profit or loss?​

Answer 1

Answer:

cp=225

sp =60*4

=240

profit =240-225

=15

Answer 2

Step-by-step explanation:

C.P. of 60 pencils = Rs.225

C.P. of 1 pencil = Rs.225/60

= Rs.3.75

S.P. of 1 pencil = Rs.4

The, S.P. of 60 pencils = Rs.4 × 60

= Rs.240

Now, Profit = S.P. - C.P.

= Rs.240 - Rs.225

= Rs.15

Profit percent = Profit/C.P. × 100%

= 15/225 × 100%

= 3/45 × 100%

= 1/15 × 100%

= 1/3 × 20%

= 20/3 %

= 6.67 % (approx.)

Hope it helps :)