by selling 8 dozen pencils, a shopkeeper gains the selling price of one dozen pencils. find the find his gain per cent.
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8 S.p. = 8 c.p. + 1 s.p.
7 sp = 8 cp
cp/sp = 7/8
let cp = 7
sp =8
gain/profit = 1
gain % = (1/7)*100 = 100/7 = 14.28 %
Hope it will help
7 sp = 8 cp
cp/sp = 7/8
let cp = 7
sp =8
gain/profit = 1
gain % = (1/7)*100 = 100/7 = 14.28 %
Hope it will help
rahul492:
100/7=14 2/7
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