Question

naresh bought 4 dozen of pencils at rs 10 a dozen and sold them in rs 1 his gain %

Answer 1

Answer:

11.11%

Step-by-step explanation:

so total cost price = 10.8 x 4 = Rs. 43.2

total selling price = 0.8 x 48 = Rs. 38.4

so total loss = 43.2 - 38.4 = Rs 4.8

so percentage = 4.8/43.2 x 100 = 11.11 %