saima bought a pack of ten pencils for Rs 20 and sold per pencil for Rs 2.5 find profit or loss percent
Answers
1 dozen = 12
hence, 120 dozen = 120*12 =1440 pencils
Cost of 1 pencil = 10Rs.
Total Cost of pencils = 1440*10 =14400Rs.
Overhead Cost = Rs.80
Total Cost = 14400 + 80 = 14480Rs.
Here Selling Price is Rs.125 ( since its not mention whether it is per pencil or per dozen, we assume it is per dozen)
Selling Price for 120 dozen = 125*120 = 15000Rs.
Profit = Total Sales - Total cost
Profit = 15000 - 14480
Profit = 520Rs.
Profit Percentage on Cost = 520/14480*100 = 3.59%
Profit Percentage on sales = 520/15000*100 =3.47%
Answer:
saima bought 10 pencils for 20 Rs.
which Means :-20/10= 2 Rs. per pencil.
she sold 1 pencil for 2.5 Rs.
which means :-2.5*10= 25 Rs.
selling price is 25 Rs.
cost price is 20 Rs.
Therefore, if selling price is greater than cost price then it is profit.
so she 5 Rs. as profit.
Step-by-step explanation:
profit =S.P -C.P
hope it will help you
thabk you