7 Joy bought pens at 120 a dozen. He sold itfor15each.Whatishisprofitp

1.	7 Joy bought pens at 120 a dozen. He sold itfor15each.Whatishisprofitpencent?tudu tablo forza 000 She said it at a profit of 20% Howmuch
Answer» Cost of 12 pens(a dozen) = 120selling price of 1 pen = 15selling price of 12 pens = 1215 = 180 profit = sp - cp = 180 - 120 = 60profit % = profit / cp 100= 60/120*100= 50%

7 Joy bought pens at 120 a dozen. He sold itfor15each.Whatishisprofitpencent?tudu tablo forza 000 She said it at a profit of 20% Howmuch

Answer»

Cost of 12 pens(a dozen) = 120selling price of 1 pen = 15selling price of 12 pens = 12*15 = 180

profit = sp - cp = 180 - 120 = 60profit % = profit / cp * 100= 60/120*100= 50%