Question

A shopkeeper buys Coca-Cola 60 rupees a dozen and sell 6 rupees per bottle. find his profit or loss percentage

Answer 1

Answer:

20%

Explanation:

Cost Price (C.P.) of the dozen Coca-Cola = 60 rupees

$\begin{gathered} Selling\; Price\mleft(S.P.\mright)=12\times6\text{ }rupees\; per\; bottle. \\ =72\text{ rup}ees \end{gathered}$

We calculate the percentage change below:

$\begin{gathered} \%\text{Change}=\frac{S.P-C.P}{C.P}\times100 \\ =\frac{72-60}{60}\times100 \\ =\frac{12}{60}\times100 \\ =0.2\times100 \\ =20\% \end{gathered}$

Since our result is positive, the trader made a percentage profit of 20%.