Question

Maria bought 120 pencils at Rs 18 per dozen and sold them at 2.50 each . find her profit or loss

Answer 1

Answer:

profit

Step-by-step explanation:

120÷12=10

2.50*10=300

Answer 2

Profit% is 66.67%

Step-by-step explanation:

Cost price of 1 dozen pencils = Rs.18

Cost price of 12 pencils = Rs.18

Cost price of 1 pencil =$\frac{18}{12} = Rs1.5$

Selling price of 1 pencil =$Rs2.50$

SP > CP

So, Profit

Profit = SP - CP

profit = 2.50 - 1.5

profit = 1

Profit% =$\frac{Profit}{CP} \times 100$

Profit% =$\frac{1}{1.5} \times 100$

Profit% =$66.67\%$

Hence Profit% is 66.67%

#Learn more:

Neha Bought dress for rupees 1000 and sold it for rupees 950 find her profit or loss percent

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