Question

A coconut vendor bought $6$ dozen of tender coconuts from a wholesale dealer at Rs. $15$ a dozen and sold them at street side at Rs. $2$ a piece. What was his profit percent?

• A. $70\%$
• B. $60\%$
• C. $50\%$
• D. $40\%$

Answer 1

The correct option is B $60\%$

Cost of one dozen= $Rs.15$

Cost of six dozen= $Rs.15\times 6$= $Rs.90$

Six dozen=$(6\times 12)$ pieces=$72$ pieces

$S.P$ of $72$ pieces=$90$

$S.P$ of piece= $Rs.2$

$S.P$ of $72$ pieces=$2\times 72$=$144$

profit= Rs.$(144-90)$= $Rs.54$

profit percentage=$\frac{Profit}{C.P}\times 100$ = $\frac{54}{90}\times 100$ =$60$.