pencils were bought at 8 for $15 and sold at 12 for $18 . find the profit or loss per cent
Answers
Answered by
8
Cost Price of 8 pencils= ₹15
Cost of 1 pencil = ₹15/8
Selling Price of 12 pencils = ₹18
Cost Price of 1 pencil= ₹18/12
Loss= Cost Price - Selling Price
=₹(15/8-18/2)
= ₹45-36/24
= ₹ 9/24
Loss % = Loss/ Cost Price×100
= 9/24/15/8×100
= 20%
Hope it helps you
Cost of 1 pencil = ₹15/8
Selling Price of 12 pencils = ₹18
Cost Price of 1 pencil= ₹18/12
Loss= Cost Price - Selling Price
=₹(15/8-18/2)
= ₹45-36/24
= ₹ 9/24
Loss % = Loss/ Cost Price×100
= 9/24/15/8×100
= 20%
Hope it helps you
Answered by
3
Answer:
20%
Step-by-step explanation:
so let's start
CP of 8 pencil=$15
SP of 12 pencil=$18
CP of 1 pencil=15/8
SP of 1 pencil=18/12
Loss=CP - SP
Loss= (15/8-18/12)
45-36/24
=$9/24
Loss% =loss/CP×100
9/24. /15/8×100%
(9×8/24×15)×100%
100/5%
= 20%
So here is your answer
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