Question

Rahim brought two dozen pencil and page 72 Paisa for each pencil he sold them charging only rupees 7.20 per dozen what is her gain or loss percent​

Answer 1

There is lost of 12 paisa per pencil .Percentage of lost $\mathbf{\frac{50}{3}}$ %

Step-by-step explanation:

• Given data

        Cost price of each pencil (C.P) = 72 Paisa

• We know that 1 Dozen = 12 Piece

• Total selling price of 12 pencil = 7.20 Rupees = 720 Paisa

        $\mathbf{\textrm{So selling price of each pencil }(S.P)= \frac{720}{12}= 60 \ Paisa}$

• Here selling price is less than cost price. So it will be lost

        Amount of lost for each pencil (Lost) = C.P -S.P

        Lost = 72 -60

        Lost = 12 Paisa   for one pencil

• $\mathbf{\textrm{Percentage of lost}=\frac{Lost}{C.P}\times 100}$

        $\mathbf{\textrm{Percentage of lost}=\frac{12}{72}\times 100}$

        $\mathbf{\textrm{Percentage of lost}=\frac{50}{3}}$ %