Tip:A–D to answerE for explanationV for videoS to reveal answer
Ritu purchased 20 dozen of Banana at the rate of Rs. 375 per dozen. She sold each one of them at the rate of Rs. 33. What was the percentage profit.
- A.
12.3%
- B.
5.6%
(Correct Answer) - C.
5.8%
- D.
10%
Explanation
Given:
Shankar purchased 20 dozens of toys at the rate of Rs. 375 per dozen
Formula:
Profit % = (Profit/CP) × 100
Calculation:
Cost Price of 1 toy = Rs. 375/12 = Rs. 31.25
Selling Price of 1 toy = Rs. 33
So Gain = Rs. (33 – 31.25) = Rs. 1.75
Profit % = (1.75/31.25) × 100%
⇒ 28/5% = 5.6%
∴ His percentage profit was 5.6%.
Explanation
Given:
Shankar purchased 20 dozens of toys at the rate of Rs. 375 per dozen
Formula:
Profit % = (Profit/CP) × 100
Calculation:
Cost Price of 1 toy = Rs. 375/12 = Rs. 31.25
Selling Price of 1 toy = Rs. 33
So Gain = Rs. (33 – 31.25) = Rs. 1.75
Profit % = (1.75/31.25) × 100%
⇒ 28/5% = 5.6%
∴ His percentage profit was 5.6%.
