Joy bought pens at 120 a dozen. He sold it for 15 each. What is his profit or loss per cent?
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Answered by
0
Answer:
the profit is of 5rs each
Step-by-step explanation:
Answered by
5
Answer:
Joy bought pens at 120 a dozen.
Step-by-step explanation:
Joy bought pens at 120 a dozen.
So, each pen will cost 10
C.P = 10
If he sold each for 15
S.P = 15
He has a profit
To find out the profit, the formula is
(S.P - C.P)100/C.P =(15 - 10)100/10 = 500/10 = 50
The profit percentage is 50%
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