X and Y buy cigars at Rs. 80 per hundred. X sells them at Re. 1 each and Y at Rs. 15 per dozen. how much per cent do they gain respectively?
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2
Answer:
I think the question is wrong please correct it once
Answered by
1
Answer:
For X,
C.P= Rs.80
S.P= 100x1= 100
Profit=S.P-C.P=100-80=20
Profit %=Profit/C.P x 100
=20/80 x 100
= 25%
For Y,
C.P= Rs.80
S.P= 15/12 x 100
=Rs.125
Profit = S.P - C.P
=125-80
=45
Profit%= Profit/C.P x 100
=45/80 x 100
= 56. 1/4%
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