a student buys 3 pencils each for Rs.4 and sells all at 4 for Rs. 5. His gain or loss per cent is
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loss is 0.08 ( cp of 1 pencil 1.33 sp of one pencil 1.25) and loss percent 0.08 / 1.33 ×100 = 24.24 %
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1
Answer:
The loss percentage for 1 pencil for the student = 68.75%
Step-by-step explanation:
Student buys each of the 3 pencils for Rs. 4
⇒ C.P. for 1 pencil = Rs. 4
Student sells 4 pencils for Rs 5
So, as C.P > S.P
So, student will be in loss and the corresponding loss percentage is :
Hence, The loss percentage for 1 pencil for the student = 68.75%
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