Question

Mr. Saxena bought some pens at ₹150 a dozen. He sold them for ₹15 each. What is his profit/loss per cent?

• A. 20% profit
• B. 28.6% loss
• C. 18.5% profit
• D. 37.5% loss

Answer 1

Answer:

A. 20% profit

$150/12=12.5$

$12.5=100$%

$15=?$

$\frac{15\times 100}{12.5}=120$%

20% profit