Question

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

Answer 1

20%

Step-by-step explanation:

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

`\begin{gathered} Selling\; Price\mleft(S.P.\mright)=12*6\text{ }rupees\; per\; bottle. \\ =72\text{ rup}ees \end{gathered}`

We calculate the percentage change below:

`\begin{gathered} \%\text{Change}=(S.P-C.P)/(C.P)*100 \\ =(72-60)/(60)*100 \\ =(12)/(60)*100 \\ =0.2*100 \\ =20\% \end{gathered}`

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