sekhar bought 150 dozens of pencils at ₹10/- a dozen . His overhead expenses were ₹100/- .He sold them at rs1.20 each . what is his profit
Ronaldo1226:
2160 - 1600 = 560 is profit
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Answered by
1
Total cost of pencil= 10*150+100
=1500+100
=1600
Profit means when Sp>Cp
so, 1600*1.20
=1920
As 1920 > 1600
so profit
Profit =Sp-Cp
= 1920-1600
=380
Profit percent = Profit/Cp×100
= 380/1600
=0.2375 *100
= 23.75
=1500+100
=1600
Profit means when Sp>Cp
so, 1600*1.20
=1920
As 1920 > 1600
so profit
Profit =Sp-Cp
= 1920-1600
=380
Profit percent = Profit/Cp×100
= 380/1600
=0.2375 *100
= 23.75
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4
this is correct answer
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