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
  • A
    75
  • B
    100
  • C
    105
  • D
    110
  • E
    None 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

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