Question

By selling 8 dozens of pencil a shopkeeper gains the selling price of 1 dozen pencils . What percent did he gain ??

Answer 1

hmm....
I'm not sure but according to my the answer is 12.5%
I hope it is correct and will help you....^-^

Answer 2

Answer:

Profit percent = 1/7*100  = 14.2857 %

Step-by-step explanation:

Let the S.P of 1 dozen pencil be Re 1

Profit = S.P - C.P

Profit = S.P of 1 dozen = Re 1

S.P of 1 dozen pencil = S.P of 8 dozen pencil - C.P of 8 dozen pencil

C.P of 8 dozen pencil = S.P of 8 dozen pencil - S.P of 1 dozen pencil

C.P of 8 dozen pencil = S.P of 7 dozen pencil = 7

Profit percent = 1/7*100  = 14.2857 %