Question

Naresh bought 4 dozen pencil at Rs1080 a dozen and sold them for 80 paise each find gain or loss percent

Answer 1

Answer:

Step-by-step explanation:

We have,

Cost Price of 1 Dozen pencil = Rs 10.80

Cost Price of 1 pencil = Rs 10.80/12 = Rs 0.90

Selling price of each pencil = Rs 0.80

Selling price < Cost price

Find the Loss :-

Loss = C.P - S.P

= Rs (0.90 - 0.80)

= Rs 0.10

Find the Loss % :-

Loss % = (loss × 100)/C.P %

= (0.10 × 100)/0.90 %

= 10/0.90 %

= 11.11 % approx.

Answer : Loss % = 11.11%

Answer 2

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