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Answer:
Loss of 500%
Step-by-step explanation:
1 dozen (12) = Rs 20
10 dozen = (12×10) Pencil
= 120 Pencil
The cost of pencil = 20×10
= Rs 200
Each pencil cost = Rs 2
= Rs (120×2)
= Rs 240
There for loss Rs (240 -200)
Rs 40
loss% = cp by loss × 100
200/40×100 = 500 %
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Profit - ₹ 40
Profit % - 20 %
Given :
A Shopkeeper Purchased 10 dozen Pencils at ₹20 per dozen.
He Sold Pencils At a rate of ₹2 per pencils.
To Find :
Profit or Loss - ?
Profit % or Loss % - ?
Solution :
Selling Price > Cost Price
Because, ₹240 > ₹200
Hence, He Got Profit on Pencils.