Question

SP = CP - Loss
= * 150 - 15
= 7135
Selling price of book is * 135.
Oxford
Areal
Exercise 3.2
1. Find the percentage of profit or loss in each of the following cases.
a. A shopkeeper purchased a dozen pens for 96 and sold them at 9.50 per pen.​

Answer 1

Answer:

18.75%

Step-by-step explanation:

CP of 12 pens = 96

So, CP of 1 pen = 96/12 = 8

SP of 1 pen = 9.50

SP > CP, so it's profit!!

Profit% = (SP-CP)/CP*100 = 1.5/8*100 = 18.75%