Question

(10) A Shopkeeper purchased notebooks at a rs 40
per dozen and sold
them at 10 for 36. Find
his gain or loss percent.
​

Answer 1

Step-by-step explanation:

Cost Price

12

40

=3.33 rupees/banana

Selling Price

10

36

=3.6 rupees/banana

Therefore,

It is 43.2 for 12 bananas

Profit=SellingPrice−CostPrice

=43.2−40=3.2

Therefore,

Profit %=

40

3.2

×100

=8% profit

Hence, this is the answer.