Mahesh brought 20 dozen pencil for rupees hundred at what rate should a pencil be sold so that the profit is rupees 20
Answer --- 50 paisa
give with full explanation
how it will come 50 paisa
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50 paisa
Step-by-step explanation:
No. of pencils = 20 dozen = 20*12 = 240 pencils
Cost Price of 240 pencils = Rs 100
Total Profit = Rs 20
So, Selling Price of 240 pencils = Rs (100+20) = Rs 120
So, Selling price of 1 pencil = Rs 120/240 = Rs 1/2
So, The answer is 1/2 rupee i.e., 50 paisa
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