by selling price 8 dozen of pencils a shopkeeper gains the slling price of one dozen pencils find his gain percent.
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Let the Selling Price of one dozen pencils = Rs. x
Selling Price of 8 dozen pencils = Rs. 8x
Profit = Selling Price of one dozen pencils = x
Cost Price of 8 dozen pencils = 8x - x = 7x
Gain% = Profit% = begin mathsize 16px style fraction numerator Profit space or space Gain over denominator straight C. straight P end fraction cross times space 100 end style
After substituting the values, we get
Gain% = 14.28%
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