Question

Pencils are bought at 12 for a rupee and sold at 8 for a rupee.find gain or loss%

Answer 1

Answer:

33.33%

Step-by-step explanation:

Since, CP > SP.

There is a loss.

Loss = CP - SP

= 12 - 8

= 4

Loss% = 4/12 × 100

= 33.333%

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