Question

(b)Newton has bought 12 dozen copies in Rs 4320. His expenditure to bring the copies

Answer 1

Answer:

He made a profit of 40-32 = Rs 8 per copy.

He got a 25% profit in the business of copies

Step-by-step explanation:

Newton buys and sells copies in his business. He bought 12 dozen = 12*12=144 copies in Rs 4320.

He also has Rs 288 in expenses to bring the copies to his shop, thus the total cost is 4320+288=4608.

Each copy finally cost 4608/144 = Rs 32.

He sold all copies for Rs 5760, at 5760/144= Rs 40 each.

Therefore, he made a profit of 40-32 = Rs 8 per copy.

The total profit in his business of copies was 5760 - 4608= 1152

This is a percentage of:

$\frac{1152}{4608}*100 = 25\%$