paper bag which costs rs 1.50each are sold at 30 a dozen. if 5 dozen are sold then what's the profit or loss incurred
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Profit = Rs 60 , When paper bag which costs rs 1.50each are sold at 30 a dozen. and 5 dozen are sold
Step-by-step explanation:
paper bag costs rs 1.50each
1 Dozen has 12
1 Dozen Bag = 12 Bags
5 Dozen Bags = 5 * 12 = 60 Bags
1 Bag Cost = Rs 1.5
60 Bag Cost = 60 * 1.5
=> 60 Bag Cost = Rs 90
=> 5 Dozen Bags Cost = Rs 90
1 Dozen Bags sold for Rs 30
5 Dozen Bags Sold for = 5 * 30 = Rs 150
Profit = 150 - 90
=> Profit = Rs 60
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