Question

Rupesh bought 100dozen pencils at rupees 20per dozen .He sold the pencils at rupees 2each.what was his profit or loss percent​

Answer 1

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 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 %.