Rupesh bought 100dozen pencils at rupees 20per dozen .He sold the pencils at rupees 2each.what was his profit or loss percent
Answers
Answer =2%
Step-by-step explanation:
number of pencils = 100×12
=1200
cost price of pencils= Rs.20×100
=Rs.2000
selling price of pencils=Rs.2×1200
=Rs. 2400
profit= s.p-c.p
=Rs.400
profit %= (profit × 100)/cp
=(40×100)/2000
profit % =2 %
Answer:
20%
Step-by-step explanation:
So, 100dozen of pencil x 20 = 2000.
2000 is the cost price at which he bought the pencils.
Now, 100dozen of pencils = 100 x 12.
= 1200 pencils.
He sold per pencil at rupees each.
So the Selling Price is = 1200 x 2.
S.P = 2400 rupees.
Profit = S.P - C.P
= 2400 - 2000.
= 400.
Now, profit percentage = Profit x 100
C.P
= 400 x 100
2000
= 20 %.