Question

A shopkeeper purchased 4 dozens of eraser for Rs 240 and sold a 6 per piece.Find his gain or loss.

Answer 1

Answer:

240-160

it will be in loss

Step-by-step explanation:

Cost of 1 eraser =240÷40

Rs=8

selling price of 1 eraser = 165÷30

Rs =5.5

As the cost price is higher it means that there is a loss.

So, loss percent=8-5.5/8*100

=31.25%

Hope it will help you

thanks ☺