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6. A florist bought 360 roses at 100 per
dozen. If he sold them at 10 each, what is
his profit as a percentage of the cost price?
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Answer:
He made a profit of 32.53%
Step-by-step explanation:
C.P = 10/12 = 0.83$
S. P = 1.10$
Total C.P of 360 roses = 360*0.83 = 298.8$
Total S.P of 360 roses = 396 $
Finding profit = S.P-C.P = 97.2$
Profit percent = Finding Profit * 100 /C.P = 97.2 *100 / 298.8 = 32.53 %
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