Joy bought pens at $ 120 a dozen. He sold it for $15 each. What is his profit percent?
1 answer:
Answer:
50%
Step-by-step explanation:
He sold it for Rs 15 each. What is his profit percent? CP of 1 pen = 120/12= 10 SP of 1 pen = 15 Profit = 5 P % = (p/CP)*100=(5/10) x 100 = 50%.
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