sekhar bought 150 dozens of pencils at 10 a dozen.his overhead expenses 100 he sold them at ra 1.20 each what was his profit?
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Answer:
Cost price = 150×10 = 1500
Overhead expenses = 100
Total =1600
Selling price = 150×12× 1.20 = 2160
Hence profit = 2160- 1600 = 560
Percentage of profit = (560/ 1600)×100%
=35%
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