Question

A shopkeeper bought 240 chocolates at Rs.9 per dozen. If he sold all of them at Rs.1 each, what was his profit percent?

• A. $66\left(1/6\right)\%$
• B. $33\left(1/3\right)\%$
• C. $24\%$
• D. $27\%$

Answer 1

The correct option is B $33\left(1/3\right)\%$

$CPof12chocolate$ $=\text{Rs.}9$
$CPof1chocolate$
$=\frac{9}{12}=\text{Rs.}0.75$
$NowSP=\text{Rs.}1$
$Profit=\text{Rs.}0.25$
$Profit\%=\frac{0.25}{0.75}\times 100=33\frac{1}{3}\%$