karim bought 150 dozen pencil at rupee 10 a dozen.his overhead expenses were 100.he sold them at rupee 1.20 each. what was his profit or loss
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Cost of pencils = 150 dozen
= 150 * 10
= 1500
His overhead expenses = 100
Total cost price = 1500+100
= 1600
No. of pencils = 150*12
= 1800
Total selling price = 1800*1.20
= 2160
CP‹ SP
Profit = SP-CP
= 2160-1600
= 560
rajni4974:
how no. of pencils 150*12???
not getting this step plz??
1 dozen = 12
so 150*12 = no. of pencils
now i got it thank u
ur welcome
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