Naresh bought 4 dozen pencils at Rs.10.80 a dozen and sold them at
80paise each. Find his gain or loss percent.
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Step-by-step explanation:
Cost of 4 dozen pencils :Rs. 10.80
Cost of 1 pencil = 10.80÷ 4×12 = 0.225
he sold 1 pencil at Rs.0.80
gain= 0.80-0.225 = 0.575 Ans
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