Shilpa buys some pencils at the rate of 15 for ` 24 and sells them at the rate of 10 for ` 18. Find his loss or gain %.
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Answer:
rate of buying= 15 Rs. per 24 R
cost of 1 R = 15/24 Rs
# rate of selling = Rs. 10 per 18 R
cost of 1 R = 10/18 Rs.
# gain/ loss = s. p- c. p
= 10/18-15/24
= 40- 45/ 72
= -5/72
so. s. p< c. p
so loss % = loss/c. p× 100
= 5/72/15/24 × 100
= 100/ 9
= 11.11
Step-by-step explanation:
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