Given:
Cost of 12 dozens of apples at Rs. 300 per dozen.
Selling price per apple = Rs. 30.
Formula Used:
Total Cost Price (CP) = Cost per dozen × number of dozens
Total Selling Price (SP) = Selling price per apple × total number of apples
Profit Percentage =
Solution:
Total number of apples = 12 × 12 = 144.
Total CP = 300 × 12 = 3600.
Total SP = 30 × 144 = 4320.
Profit Percentage = = 20%
Thus, the profit percentage of Dinesh is 20%.
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60 Mins English English25 Questions50 Marks15 Mins English English100 Questions200 Marks60 Mins EnglishBy selling an article for ₹21, a dealer makes a profit of 20%. By how much should he increase his selling price (in ₹) so as to make a profit of 50%?
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