. By selling 8 dozen of pencils, a shopkeeper
gains the selling price of 1 dozen pencils.
His gain per cent is
Answers
Answered by
5
Answer:
Gain percent = 14.285% (approx)
Step-by-step explanation:
Given :
By selling 8 dozen of pencils shopkeepers gain of Selling 1 dozen pencils .
To find :
The gain percent
Concept :
So , the original cost that shopkeeper gives = 8-1 = 7
So , the equation will be like this to find the gain percent -:
Where,
G% = Gain percent
Solution :
So , the gain percent is 14.285% (approx) .
Answered by
3
Step-by-step explanation:
SP of 1 dozen pencils =X
Amount of pencils sold = 8 dozens
Price of 8 dozens = 8X
Profit = SP of 1 dozen pencils
Original Price= 8-1 = 7 or 7X
thus gain% = Profit/Original Price × 100
= X/7X × 100
= 100/7
= 14.28%
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