Multiple choice

A man bought 240 pencils at Rs. 9 per dozen. If he sold them at Re. 1 each, what is his profit percent?

  1. 33.33%

  2. 43.33%

  3. 30.33%

  4. 31.33%

  5. 33.63%

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

C.P. of 1 pencil = 9/12 = 3/4S.P. of 1 pencil = 1Profit = 1 - 3/4 = 1/4P% = (1/4) / (3/4) x 100 = 33.33%