juma bought 130 dozens pencils at ₹ 10 a dozen . Her overhead expenses were ₹ 100 . She sold them at ₹ 1.20 each . What was his profit or loss
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Hey friend here is your answer :
Cost price = 130×10 = 1300
Overhead expenses = 100
Total =1400
Selling price = 130×12× 1.20 = 1872
Hence profit = 2160- 1400 = 760
Percentage of profit = (760/ 1400)×100%
=54.28%
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