Naresh bought 4 dozen pencils at Rs 10.80 a dozen and sold them for 80 paise each. His gain or note percent is
(a)10/3 percent
(b)9/100 percent
(c)100/9 percent
(d)10 percent
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Cost Price Per Pencil = 4 * 10.8/48 = 90 paise
Selling price = 80 paise
Loss = 10/90% = 100/9%
Selling price = 80 paise
Loss = 10/90% = 100/9%
Answered by
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Answer:
cost price per pencil = 4x10/48=90 paise
selling price= 80 paise
Loss = 10/90% = 100/9%
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