CBSE Class 8 Answered
By selling 8 dozen pencils a shopkeeper gain the selling price of 1 dozen pencils. find his gain percent.
Asked by gspublicschool | 10 Oct, 2018, 07:17: AM
Expert Answer
Let the Selling Price of one dozen pencils = Rs. x
Selling Price of 8 dozen pencils = Rs. 8x
Profit = Selling Price of one dozen pencils = x
Cost Price of 8 dozen pencils = 8x - x = 7x
Gain% = Profit% = 
After substituting the values, we get
Gain% = 14.28%
Answered by Yasmeen Khan | 10 Oct, 2018, 09:24: AM
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