Question

Naresh bought 4 dozens of pencils at ₹10.80 a dozen and sold them for 80 paise each. Find his gain or loss percent

Answer 1

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

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

 loss = Rs 43.2 - 38.4 = Rs 4.8

Total loss percentage = 4.8/43.2 x 100 = 11.1111 %

Answer 2

$<b><font color = "green"> Solutions :-$

We have,

Cost Price of 1 Dozen pencil = Rs 10.80
Cost Price of 1 pencil = Rs 10.80/12 = Rs 0.90

Selling price of each pencil = Rs 0.80

Selling price < Cost price

Find the Loss :-

Loss = C.P - S.P
= Rs (0.90 - 0.80)
= Rs 0.10

Find the Loss % :-

Loss % = (loss × 100)/C.P %
= (0.10 × 100)/0.90 %
= 10/0.90 %
= 11.11 % approx.

Answer : Loss % = 11.11%