Question

by selling price 8 dozen of pencils a shopkeeper gains the slling price of one dozen pencils find his gain percent?​

Answer 1

Given:-

• By selling price 8 dozen of pencils a shopkeeper gains the selling price of one dozen pencils.

To find:-

• His gain percent.

Solution:-

Let,

• the selling price of one dozen pencils be x.
• the selling price of 8 dozen pencils be 8x.

According to the question,

→ Profit = Selling price of one dozen pencils = x

★ Cost price of 8 dozen pencils:-

→ 8x - x

→ 7x

Now,

→ Profit℅ = Profit or Gain/C.P × 100

→ Gain℅ = 14.28℅

Hence,

• his gain percent is 14.28℅.