Question

Naresh bought 4 dozen pencils at 10.80 a dozen and sold them for 80 paise each.his gain or loss per cent is

Answer 1

HEY DEAR ...

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 % ANSWER

HOPE , IT HELPS ...