Question

By selling 10 dozen pencils ,a shopkeeper gains the SP of 10 pencils. Find the gain or loss percent

Answer 1

Answer:

Step-by-step explanation:

let the cost of 1 pencil be x

cp=12*10=120x

sp=10x

since cp is > sp therefore loss

loss =120x-10x=110x

loss percent =loss/cp *100

=110x/120x *100

=91% loss