if a stationer buys diaries at₹100 per sozen and sells them at ₹25 per piece,then find the profit percentage.
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Find cost of 1 diary:
1 diary = ₹100 ÷ 12
1 diary = ₹8.3
.
Given selling price:
1 diary = ₹25
.
Proft = 25 - 8.3 = ₹16.7
.
profit percentage = 16.7/8.3 x 100 = 201%
.
Answer: The profit percentage is 201%
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