Question

karim bought 150 dozen pencils at rupee 20 a dozen.His overhead expenses were rupee 200. He sold the pencils at rupee 2.40 each. what was his profit or loss percent ?​

Answer 1

Step-by-step explanation:

Cost of one dozen pencil=Rs.10

Cost of 150 dozen pencils=150\timesRs.10=Rs.150$$

Overhead expenses=Rs.100

Effective cost price=Rs.1500+Rs.100=Rs.1600$$

Selling price of one pencil=Rs.1.20

Selling price of one dozen pencil=Rs.1.20×12=Rs.14.40

Selling price of 150 dozen pencil=Rs.14.40×150=Rs.2160

Here S.P>C.P.So, there is a profit.

Profit=S.P−C.P=2160−1600=Rs.560

Profit percentage=

C.P

Profit

×100%=

1600

560

×100%=35%

Answer 2

Answer:

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Step-by-step explanation:

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