Bhuvana bought 50 dozen of bangles at Rs5 per dozen. She spend Rs.125 on a particular tax and she sold them at 50p per each bangle. What was her profit or loss percent?

1 Answer

Answer :

Cost price of 1 dozen bangles = Rs.5

Cost price of 50 dozen bangles = 50*5=Rs. 250

 Amount of tax paid = Rs.125

 Total cost price=250+125 = 375

 Selling price of total number of bangles=50 * 12 * ½ = 300

 Loss = 375 – 300 = 75

loss percentage = (75*100)/375 = 20%

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