Question

Ramesh bought handkerchiefs at rupees 144 per dozen and sold them at rupees 30 a pair .what is his profit percent?

Answer 1

Answer:

25%

Step-by-step explanation:

First we get the price of each hand kerchieif sold to Ramesh

144/12=12 rupees

Ramesh sold each with

30/2=15 (A pair so /2 to get price of 1)

15/12*100 to get the percent profit

125% overall counting the return in price

25% profit

Answer 2

In context to questions asked,

We have to determine the value of profit percentage.

As per questions,

It is given that,

Ramesh bought handkerchiefs at rupees 144 per dozen

As we know that,

There are 12 pieces in 1 dozen.

So, cost price of 12 piece of handkerchief is Rs 144.

So, for determining the cost of 1 handkerchief we will divide 144 by 12

Hence, cost price of 1 handkerchief will be,

$\frac{144}{12} = 12 \: rs$

As we know that,

There are two pieces in 1 pair

So, cost price of 1 pair of handkerchief will be

$12 \times 2 = 24 \: rs$

As he sold 1 pairs of handkerchief in Rs 30

So, SP of 1 pair of handkerchief is Rs 30

As here,

SP > CP,

So, there will be profit in this case.

Hence value of profit will be

$30 - 24 = 6 \: rs \: on \: one \: pair$

So, value of profit percentage will be,

$\frac{6}{24} \times 100 \%= 25\%$

Hence, there will profit of 25% on this transaction