3. Pencils were bought at 10 per dozen and sold at Re 1 per pencil. Find the gain or loss percent.​

Question

3. Pencils were bought at 10 per dozen and
sold at Re 1 per pencil. Find the gain or
loss percent.​

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Adeline 1 month 2021-08-21T22:36:36+00:00 1 Answer 0 views 0

Answers ( )

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    2021-08-21T22:37:54+00:00

    Answer:

    Step-by-step explanation:

    CP of 12 pencils = Rs. 10

    SP of 12 pencils = 12 x 1 = Rs 12

    Since SP > CP ,  there is profit.

    P= SP – CP =  12 – 10 = Rs 2

    P% = P/CP X 100 = 2/ 10 x 100 = 20% gain

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