with formula joy bought pens at ₹120 dozen. he sold it for ₹15 each what is profit percent
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Cost of 12 pens = 120
selling price of 1 pen = 15
selling price of 12 pens = 15 * 12 = 180
profit = s. p - c. p
= 180 - 120
= 60
profit % = profit
________. ×. 100
c. p
therefore
=. 60
_____. × 100
120
= 50 %
selling price of 1 pen = 15
selling price of 12 pens = 15 * 12 = 180
profit = s. p - c. p
= 180 - 120
= 60
profit % = profit
________. ×. 100
c. p
therefore
=. 60
_____. × 100
120
= 50 %
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