Naresh bought 4 dozen pencils at Rs 10.80 a dozen and sold them for 80 paise each. Find his gain or loss percent
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Answer:
Step-by-step explanation:
Total cost price (c.p)= 10.8x4
=43.2
Total selling price (s.p)=0.8x4.8
=38.4
Total loss =43.2-38.4
=4.8
Total loss percentage = 4.8 /43.2x100
=11.11%
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