Question

The art shop dealer bought packets of crayons for rs 320 he sold them at rs 3 per crayon calculate the profit or loss percent if the total number of crayons is 120

Answer 1

CP=320
SP =3*120=360
Profit =SP-CP=360-320=40
Profit %=(Profit/CP)*100
Profit %=(40/320)*100=(1/8)*100=12.5%