Question

A shopkeeper buys pencils at 10 for ₹10 and sells them at8 for ₹10 .find the gain percen t

Answer 1

C.P of 10 pencils = Rs.10

=> C.P. of each pencil = 10/10 = Rs.1

S.P. of 8 pencils = Rs.10

=> S.P. of each pencil = 10/8 = Rs.1.25

Now,gain = 1.25 - 1 = 0.25

=>Gain % = gain/C.P. x 100 = 0.25/1 x 100 = 25%

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