Naresh bought 4 dozen pencils at 10.80 a dozen and sold them for 80 pa

1.	Naresh bought 4 dozen pencils at 10.80 a dozen and sold them for 80 paise each. His gain or loss per cent is
Answer» ONG>Answer: Loss = 11.11% Step-by-step explanation: GIVEN Cost of 1 DOZEN pencils = RS. 10.80 Therefore cost of 4 dozen pencils = 4 x 10.80 = Rs. 43.2 Also given that selling price of each pencil = 80 paise Total number of pencils = 12 x 4 = 48 SP of 48 pencils = 48 x 80 paise = 3840 paise = Rs. 38.40 Here, clearly SP < CP. Loss = CP – SP = Rs. (43.2 – 38.4) = Rs. 4.8 Loss % = (Loss/CP) x 100 = (4.8/43.2) x 100 = 480/43.2 Loss = 11.11% Please mark me the brainliest and follow me

Naresh bought 4 dozen pencils at 10.80 a dozen and sold them for 80 paise each. His gain or loss per cent is

Answer» ONG>Answer:

Loss = 11.11%

Step-by-step explanation:

GIVEN Cost of 1 DOZEN pencils = RS. 10.80

Therefore cost of 4 dozen pencils = 4 x 10.80

= Rs. 43.2

Also given that selling price of each pencil = 80 paise

Total number of pencils = 12 x 4 = 48

SP of 48 pencils = 48 x 80 paise

= 3840 paise

= Rs. 38.40

Here, clearly SP < CP.

Loss = CP – SP

= Rs. (43.2 – 38.4)

= Rs. 4.8

Loss % = (Loss/CP) x 100

= (4.8/43.2) x 100

= 480/43.2

Loss = 11.11%

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