Certainly! Let's break down the problem step-by-step to find the profit percentage.
1. Determine the cost price per pen:
- Ram buys a dozen pens for ₹24.
- There are 12 pens in a dozen.
- Cost price per pen = Total cost for a dozen / Number of pens in a dozen
- Cost price per pen = ₹24 / 12
- Cost price per pen = ₹2
2. Determine the selling price per pen:
- Ram sells 2 pens for ₹5.
- Selling price per pen = Total selling price for 2 pens / Number of pens
- Selling price per pen = ₹5 / 2
- Selling price per pen = ₹2.5
3. Calculate the profit per pen:
- Profit per pen = Selling price per pen - Cost price per pen
- Profit per pen = ₹2.5 - ₹2
- Profit per pen = ₹0.5
4. Calculate the profit percentage:
- Profit percentage = (Profit per pen / Cost price per pen) 100
- Profit percentage = (₹0.5 / ₹2) 100
- Profit percentage = 0.25 * 100
- Profit percentage = 25%
Therefore, Ram's profit percentage when selling the pens is 25%.
