Question

sonakshi purchased 20 dozen erasers at the rate of rupees 30.50 per dozen .she sold each erasers for rupees 3.75 what is her profit or loss .also find the profit or loss percentage

Answer 1

I think it is useful to you

Answer 2

cost of 12 erasers = Rs.30.50
cost of 1 eraser = rs. (30.50/12)
= Rs. 2.55 ( approx)
SP of 1 eraser = Rs. 3.75
then, profit = CP-SP
=Rs.(3.75-2.55)
=Rs.1.20
and profit% = profit/CP×100
=1.20/2.55×100
= 50% ( approx)