Question
The cost price of three dozen momos is Rs. 162. The
shopkeeper sold 30 momos at a price of Rs. 64.8 per dozen. Then, the shopkeeper lowered the price and sold the remaining momos at Rs. 48.6 per dozen. What is the profit or loss percentage the shopkeeper made on this transaction?Solution
Cost price of 3 dozen momos = Rs. 162 Selling price of 30 momos = 30 × (64.8/12) = Rs. 162 Selling price of 6 momos = 6 × (48.6/12) = Rs. 24.3 Selling price of 36 momos = 162 + 24.3 = Rs. 186.3 Profit earned on selling 36 momos = 186.3 – 162 = Rs. 24.3 Profit percentage = (24.3/162) × 100 = 15%
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