Question

Rahul brought eraser at Rs 60 a dozen. he sold it for Rs10 each.whatis his profit percent​

Answer 1

100%

Step-by-step explanation:

total amount for a dozen erasers is Rs60 and he sold each for Rs 10

so total amount he got by selling a dozen erasers is 12*10= 120

finally cost price =60

selling price =120

so profit is 60Rs and profit % is 100%

Answer 2

• cost of dozen erasers =60/-
• cost of 1eraser =60÷12

=5/-

• cost of 1eraser =5/-
• profit =sp-cp
• 10-5=5/-
• profit =5/-
• profit percentage =profit ÷cp ×100
• = 5÷10×100
• profit percentage =50 percentage