A stationer buys diaries at Rs 75 per dozen and sells them at Rs 15 per piece. What is the profit in rupees on selling one dozen?
Aptitude
Profit and Loss
Difficulty: Easy
Choose an option
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A75
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B100
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C105
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D110
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ENone of these
Answer
Correct Answer: 105
Explanation
Introduction:Compute total selling price per dozen and subtract the cost price per dozen to get profit in rupees.
Given Data / Assumptions:
- Cost price (per dozen) = Rs 75
- Selling price per piece = Rs 15
Concept / Approach:There are 12 pieces in a dozen, so SP per dozen = 12 * 15. Profit = SP − CP.
Step-by-Step Solution:SP per dozen = 12 * 15 = Rs 180Profit = 180 − 75 = Rs 105
Verification / Alternative check:Profit % (optional) = 105 / 75 * 100 = 140% (not required but validates magnitude).
Why Other Options Are Wrong:75, 100, 110: Do not match the computed difference.
Common Pitfalls:Forgetting to convert per-piece SP into per-dozen SP.
Final Answer:105