Question

naresh bought 4 dozen pencils for rs. 10.80 a dozen and sell them for rs. 80 paise each. what is the gain or loss percent

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

Given = Naresh bought 4 dozen pencils for Rs. 10.80 a dozen and sell them for Rs. 80 paise each.

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

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

So he got loss = Rs 43.2 - 38.4 = Rs 4.8

Total loss percentage = 4.8/43.2 x 100 = 11.1111111111 %