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Question

​A fragrant soap was sold at $ 2.50 a sachet they cost $18 a dozen.what is gain or loss percentage on 3 dozen a sachet-

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Solution

Cost of 12 sachets = 18 dollarsCost of 1 sachet = 1.5 dollarSelling price of 1 sachet = 2.5 dollarNow, profit = selling price - cost price = 2.2 - 1.5 = 1 dollarProfit % = profitCP×100% = 11.5×100% = 2003 = 6623%

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