A general merchant bought 3 dozen pencils for RS 50. He paid 12% sales tax. Then he sold the pencils at the rate of RS 2.10 per pencil. What was the gain or loss per cent made by the merchant?
Answers
Answered by
0
Step-by-step explanation:
Number of pens bought = 15 dozen = 12×15 = 180 pens
Cost Price = Rs.10 per dozen = 10×15 = Rs.150
Cost price for 1 pen = 180/150 = 60/50 = 6/5 = Rs. 1.2
Selling Price for 1 pen = Rs. 1.50
SP>CP
Gain = SP-CP = 1.5-1.2 = 0.3
Gain% = Gain/CP × 100 = 0.3/1.2 × 100 = 25%
Answered by
1
Answer:
25%
Step-by-step Explanation:
Number of pens bought = 15 dozen = 12x15 = ₹180 pens
Cost Price = ₹10 per dozen = 10×15 = ₹150
Cost price for 1 pen
= 180/150
= 60/50
= 6/5 =
₹1.2
Selling Price for 1 pen = ₹ 1.5
SP>CP so it is Gain
Gain = SP - CP
= 1.5 - 1.2 = 0.3
Gain%= Gain
------- x 100
CP
= 0.3
----- x 100
1.2
= 25%
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