A person bought pencil of 20 RS per dozen and sold them at 2RS each pe

1.	A person bought pencil of 20 RS per dozen and sold them at 2RS each pencil find his profit percent
Answer» Answer: Cost of one dozen pencil=Rs.10 Cost of 150 dozen pencils=150\timesRs.10=Rs.150$$ OVERHEAD expenses=Rs.100 Effective cost PRICE=Rs.1500+Rs.100=Rs.1600$$ Selling price of one pencil=Rs.1.20 Selling price of one dozen pencil=Rs.1.20×12=Rs.14.40 Selling price of 150 dozen pencil=Rs.14.40×150=Rs.2160 Here S.P>C.P.So, there is a profit. Profit=S.P−C.P=2160−1600=Rs.560 Profit PERCENTAGE= C.P Profit ×100%= 1600 560 ×100%=35%

A person bought pencil of 20 RS per dozen and sold them at 2RS each pencil find his profit percent

Answer»

Answer:

Cost of one dozen pencil=Rs.10

Cost of 150 dozen pencils=150\timesRs.10=Rs.150$$

OVERHEAD expenses=Rs.100

Effective cost PRICE=Rs.1500+Rs.100=Rs.1600$$

Selling price of one pencil=Rs.1.20

Selling price of one dozen pencil=Rs.1.20×12=Rs.14.40

Selling price of 150 dozen pencil=Rs.14.40×150=Rs.2160

Here S.P>C.P.So, there is a profit.

Profit=S.P−C.P=2160−1600=Rs.560

Profit PERCENTAGE=

C.P

Profit

×100%=

1600

560

×100%=35%

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A person bought pencil of 20 RS per dozen and sold them at 2RS each pencil find his profit percent

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