A boy buys 12 pencils for Rs. 10 and sells 10 pencils for Rs. 12. Find his gain percentage.

Question

Team JKSSB Mock Tests · Accepted Answer

Cost Price of 1 pencil = 10 / 12 = 5 / 6. Selling Price of 1 pencil = 12 / 10 = 6 / 5. Profit = (6 / 5) - (5 / 6) = (36 - 25) / 30 = 11 / 30. Profit percentage = ((11 / 30) / (5 / 6)) * 100 = (11 / 25) * 100 = 44%.

A boy buys 12 pencils for Rs. 10 and sells 10 pencils for Rs. 12. Find his gain percentage. MCQ with Answer and Explanation

Solution (By JKSSB Mock Tests)

Discuss this Question (0)

Practice More Profit And Loss Questions