A stationer purchased 5 dozen pens at Rs. 25 per piece and sold at Rs. 24 per piece. Find his/her loss and loss percent.
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Answer:60 and 4%
Step-by-step explanation:
we know,
1 dozen = 12
5*12 = 60
60*25 = 1500
therefore, the C.P of 5 dozen of pen is RS 1500.
Now,
To find the S.P of 5 dozen of pens
We know,
1 dozen = 12
5*12 = 60
60*24 = 1440
Therefore, S.P of 5 dozen of pens is RS 1440.
Now,
To find loss amount
Loss = C.P-S.P
Loss = 1500 - 1440
Loss = 60
Therefore, loss is RS 60
Loss percent
To find loss percent
We know
Loss % = Loss/C.P * 100
Loss % = 60/1500*100
Loss % = 4
Therefore loss percent is 4.
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