Multiple choice

A coconut vendor bought $6$ dozen of tender coconuts from a wholesale dealer at Rs. $15$ a dozen and sold them at street side at Rs. $2$ a piece. What was his profit percent?

  1. $70\%$
  2. $60\%$
  3. $50\%$
  4. $40\%$
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Cost price for 6 dozen = 6 * 15 = 90. Total pieces = 6 * 12 = 72. Selling price = 72 * 2 = 144. Profit = 144 - 90 = 54. Profit % = (54 / 90) * 100 = 60%.

AI explanation

The cost price of 6 dozen coconuts at Rs 15 per dozen is 6 * 15 = Rs 90. Selling them at Rs 2 per piece yields 2 * 72 = Rs 144 total revenue, resulting in a profit of 144 - 90 = Rs 54. Using the profit percent formula (Profit / Cost) * 100, we calculate (54 / 90) * 100 = 60%.

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