Sanki purchased 20 dozen notebook at Rs 48 per dozen He sold 8 dozen at 10 profit and remaining 12 d...........

Quantitative Aptitude ( CCS) Profit and loss

Sanki purchased 20 dozen notebook at Rs. 48 per dozen. He sold 8 dozen at 10% profit and remaining 12 dozen with 20% profit. What is his profit percentage in the transaction?

15%

16%

19%

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Explanation:

C.P of 20 dozen = Rs.(48 x 20) = Rs.960
C.P of 8 dozen = Rs. (48 x8) = Rs. 384.
C.P of 12 dozen =Rs. (960 – 384) = Rs. 576
Total S.P = Rs. (110/100 x 384 +120/100 x 576) = Rs.1113.60
∴ Profit % = (153.60/960 x 100)% =16%