Naresh bought 4 dozen pencils at Rs 10.80 a dozen and sold them for 80 paise each. Find his gain or loss percent.
Answers
Answered by
23
Answer:
cost of one dozen pencils Rs.10.80
∴ cost of 4 dozen pencils =10.80×4
=Rs43.20
Now, Total cost of selling price of the pencils =
100
80×4×12
=38.40
Here, we can see that amount of selling price is less than cost price
then,
loss=43.20−38.40
4.80
Now,
loss% =
43.20
4.80
×100
=11.11%
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Answered by
6
Answer:
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 %
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