(b)Newton has bought 12 dozen copies in Rs 4320. His expenditure to bring the copies
1 answer:
Answer:
<em>He made a profit of 40-32 = Rs 8 per copy.</em>
<em>He got a 25% profit in the business of copies</em>
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:
You might be interested in