Manoj bought 2 dozen pastries for rs 240. He sold 12 pastries at Rs. 12 each and the rest of them at cost price. Find his loss or profit percent.
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Cost price = 240
Sale price = 120 + (12*12) = 264
Profit = 264 - 240 = 24
Profit % = 24/240 * 100 = 10%
2 Dozen = 24 pastries.
CP of per pastry = 240/24 = Rs. 10.
SP of 12 pastry selling at Rs. 12 each = 12 * 12 = 144.
SP of remaining 12 pastry = 12 * 10 = 120.
Total SP = 144 + 120 = 264.
Profit = 264 - 240 = 24.
% Profit = (24 *100)/240 = 10%.
10 % Profit