It is given that
C.P of 1 dozen articles =₹450
Profit=20%
S.P=[C.P(100+profit)]/100
Substituting the values
=[450(100+20)]/100
So we get
=(450×120)/100
=₹540
S.P of one article=540/12=₹45
S.P of seven articles=45×7=₹315
Thirty articles are bought at Rs.450 each. If one-third of these articles be sold at 6% loss; at what price must each of the remaining articles be sold in order to make a profit of 10% on the whole ?
A certain number of books are bought for Rs 600 per dozen and all of them are sold at a profit of 20%. Find the selling price for each book.