2010 · Q91
By selling 8 dozen pencils, a shopkeeper gains the selling price of 1 dozen pencils. What is the gain?
Elementary MathematicsProfit and Loss
- A12½ %
- B13⅐ %
- C14⅔ %
- D87½ %
Explanation
Gain = SP-CP with 7s=8c gives 1/7 = 14⅔%.
By selling 8 dozen pencils, a shopkeeper gains the selling price of 1 dozen pencils. What is the gain?
Explanation
Gain = SP-CP with 7s=8c gives 1/7 = 14⅔%.