Joy bought pens at Rs 120 a dozen. He sold it for Rs 15 each. What is his profit percent?

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Chandan Singh

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CP of 1 pen = 120/12= 10 SP of 1 pen = 15 Profit = 5 P % = (p/CP)*100=(5/10) x 100 = 50%.
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CP of 1 pen = Rs10 SP of 1 pen = Rs15 Profit = Rs5 P % = (5/10) x 100 % = 50%
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Profit percent = 50
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