Question

A dozen packet of sweets costs ₹1200.
Anu buys 10 packets and sells them for ₹800. Find the profit/ loss percent.

• A. 20% loss
• B. 10% loss
• C. 20% profit
• D. 10% profit

Answer 1

The correct option is A 20% loss

Given: Cost price of a dozen packets of sweets = ₹ 1200
$\therefore$ Cost price of 1 packet of sweet
= $\frac{1200}{12}$ = ₹100 (1 dozen =12)
Anu buys 10 packets of sweets
Hence, Anu's cost price = $10\times 100$ = ₹1000
Anu sells the sweets for ₹800
$\because$ S.P < C.P, Anu has a incurred a loss
Loss incurred by Anu = 1000 - 800 = ₹200
Loss% = $\frac{loss}{Costprice}\times 100$
= $\frac{200}{1000}\times 100$ = 20%
$\therefore$ Loss percent = 20%