A shopkeeper buys 2 dozen brushes at the rate
of Rs. 10 per dozen. If he sold it Rs. 1 per
brush what is the profit?
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If shopkeeper buys 2dozen brushes that is (2*12=24) brushes at 10 rupees.
And sells each brush brush at 1 rupee
For 24 brushes = 24*1=24 rupees
Shopkeeper spent 10 rupees on that so
24-10= 14
Shopkeeper gets 14 rupees of profit
To find the profit, we need to calculate both the cost price and the selling price, then find the difference between them.
1. **Cost Price (CP):**
– The shopkeeper buys 2 dozen brushes.
– 1 dozen = 12 brushes.
– Therefore, 2 dozen = 2 × 12 = 24 brushes.
– The rate is Rs. 10 per dozen, so for 2 dozen: CP = 2 × 10 = Rs. 20.
2. **Selling Price (SP):**
– The shopkeeper sells each brush for Rs. 1.
– For 24 brushes: SP = 24 × 1 = Rs. 24.
3. **Profit:**
– Profit = Selling Price (SP) – Cost Price (CP).
– Profit = Rs. 24 – Rs. 20 = Rs. 4.
Therefore, the profit is Rs. 4.