karim bought 150 dozens of pencils at Rs 20 a dozen.he sold them at Rs 2.50 per pe ncil.find his profit or loss
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As he bought for $20 a dozen
So cost price= no.of dozen*price paid for each dozen
Or C.P=150*20
OR C.P=3000
As we know 1 dozen=12
So pencils in 150 dozen= 150*12
Or pencils in 150 dozen= 1800
He sold each pencil at $2.50
Selling price= 1800*2.5
Or S.P.=180*25
OR S.P.=4500
PROFIT= S.P-C.P
OR PROFIT= 4500-3000
OR PROFIT=$1500
So cost price= no.of dozen*price paid for each dozen
Or C.P=150*20
OR C.P=3000
As we know 1 dozen=12
So pencils in 150 dozen= 150*12
Or pencils in 150 dozen= 1800
He sold each pencil at $2.50
Selling price= 1800*2.5
Or S.P.=180*25
OR S.P.=4500
PROFIT= S.P-C.P
OR PROFIT= 4500-3000
OR PROFIT=$1500
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