Tumwine Godfrey
Feb 25
5boxes ofpens at 52000 ,and sold them at 60000. Calculate the percentage loss or profit Allan made per item?
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Feb 25
Cost price per pen = 52000 / 5 = 10400
Selling price per pen = 60000 / 5 = 12000
Profit per pen = Selling price per pen - Cost price per pen
Profit per pen = 12000 - 10400 = 1600
Percentage profit per pen = (Profit per pen / Cost price per pen) * 100
Percentage profit per pen = (1600 / 10400) * 100
Percentage profit per pen = 15.38%
Therefore, Allan made a profit of 15.38% per pen.
Selling price per pen = 60000 / 5 = 12000
Profit per pen = Selling price per pen - Cost price per pen
Profit per pen = 12000 - 10400 = 1600
Percentage profit per pen = (Profit per pen / Cost price per pen) * 100
Percentage profit per pen = (1600 / 10400) * 100
Percentage profit per pen = 15.38%
Therefore, Allan made a profit of 15.38% per pen.
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