Question

A person bought some cosmetics from wholesale market at the rate of Rs 360 per dozen he sells it at Rs 80 a pair find the gain percent​

Answer 1

Answer:

33.33%

Step-by-step explanation:

We need to calculate the unit selling price and cost of each cosmetics.

If a person bought some cosmetics from wholesale market at the rate of Rs 360 per dozen., then for 1 cosmetics, we will say;

x = 1 cosmetic

since 360 = 12 cosmetic

cross multiply

12x = 360

x = 360/12

x = 30

Hence the unit cost price of the cosmetics will be Rs. 30

Similarly, if he sells it at Rs 80 a pair, then he sold one cosmetic at 80/2 = Rs. 40 (a pair is 2 cosmetics)

Selling price per unit = Rs. 40

Cost price per unit = Rs. 30

percent gain = SP-CP/CP * 100%

percent gain = 40-30/30 * 100

percent gain = 10/30 * 100

percent gain = 100/3

percent gain = 33.33%

Hence the percentage gain is 33.33%