Profit and Loss
by Anjali
(Kollam)
A man bought eggs at Rs 9.60 per dozen. At what price per hundred must he sell them so as to earn a profit of 15%.
Hello Anjali,
Thank you for your contribution.
I believe the answer to your question is Rs 92.08, the result shown as follows:
If a man bought eggs at Rs 9.60 per dozen (1 dozen = 12 eggs), then the price he paid per 100 would be 80.07. (100 eggs divided by 12 eggs = 8.34 dozens, 8.34 dozens muliplied by 9.60 per dozen = 80.07).
If the price he paid per 100 is 80.07, in order to earn a profit of 15%, he would need to sell at 92.08 per 100. (80.07 multiplied by 1.15 = 92.08), or (80.07 multiplied by 15% is 12.01 and 80.07 + 12.01 = 92.08)
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Profit and Loss Percent
by CHESTA
(PALAMPUR)
ROHIT BOUHT A TAPE RECORDER FOR RS 1,500 AND SOLD IT FOR RS 1,800. CALCULATE ITS PROFIT OR LOSS PERCENT.
Hello Chesta,
Thank you for your inquiry.
The profit and loss percent for the above transaction can be calculated as follows:
SALE = 1800
COST = 1500
PROFIT = 300
PROFIT PERCENT = 20% (300/1500)
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