Question

Joy bought pens at Rs. 120 a dozen. He sold it for Rs. 15 each. What is his profit or loss?

Answer 1

Answer:

Rs 60

Step-by-step explanation:

Joy brought pens at Rs 120 a dozen .

1 dozen = 12 .

C.P of 12 pens = Rs 120 .

C,P of 1 pen = Rs 120/12

= Rs 10

S.P of each pen = Rs 15 .

Profit = S.P - C.P

= > Profit = Rs 15 - Rs 10 = Rs 5

Since there were 12 pens Profit = 12 × Rs 5

= Rs 60

Answer 2

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