Question

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

Answer 1

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

Answer 2

Thank you for asking this question.

here is your answer:

Naresh bought 4 dozen pencils for Rs. 10.80 a dozen and sell them for Rs. 80

The Total Cost Price( C.P) will be = 10.8 x 4 =  Rs. 43.2 

The Total Selling Price( S.P) will be  = 0.8 x 48 = Rs. 38.4

So there is a loss = Rs 43.2 - 38.4 = Rs 4.8

Total loss percentage = 4.8/43.2 x 100 = 11.11 %

11.11% is the answer.

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