Question

Sristi purchased 120 pencils at the rate of ₹2 per pencil she sold 72 of them at the rate of ₹3 per pencil and the remaining at the rate of ₹2 per pencil find profit or loss percent

Answer 1

Total purchase price of 120 pencils is 120*2= Rs 240

Selling price of  72 pencils is 72*3=Rs 216

The balance which is 120-72=48 was sold at Rs 2 per pc

So the selling price of 48 pencils is 48*2=96

Therfore the total selling price of 120 pencils is Rs 216+ Rs 96 =Rs 312

Profit earned( selling price- purchase price)=Rs 312-Rs 240=Rs 72

Profit percentage is 72/240*100= 30%