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Naresh bought 4 dozen pencils at 10.80 a dozen and sold them for 80 paise each . find his gain or loss?
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Naresh bought 4 dozen pencils at 10.80 a dozen and sold them for 80 pa...
Cost Price Calculation
- Naresh bought 4 dozen pencils.
- Cost per dozen = 10.80.
- Total cost = 4 dozen x 10.80 = 43.20.
Revenue from Selling Pencils
- Selling price per pencil = 80 paise = 0.80.
- Total number of pencils = 4 dozen x 12 = 48 pencils.
- Total revenue = 48 pencils x 0.80 = 38.40.
Profit or Loss Calculation
- Total cost = 43.20.
- Total revenue = 38.40.
- Loss = Total cost - Total revenue = 43.20 - 38.40 = 4.80.
Conclusion
- Naresh incurred a loss of 4.80.
- It’s essential for Naresh to analyze his pricing strategy to avoid losses in future transactions.
By calculating both the cost price and selling price, it becomes clear how the figures impact overall profitability.
- Naresh bought 4 dozen pencils.
- Cost per dozen = 10.80.
- Total cost = 4 dozen x 10.80 = 43.20.
Revenue from Selling Pencils
- Selling price per pencil = 80 paise = 0.80.
- Total number of pencils = 4 dozen x 12 = 48 pencils.
- Total revenue = 48 pencils x 0.80 = 38.40.
Profit or Loss Calculation
- Total cost = 43.20.
- Total revenue = 38.40.
- Loss = Total cost - Total revenue = 43.20 - 38.40 = 4.80.
Conclusion
- Naresh incurred a loss of 4.80.
- It’s essential for Naresh to analyze his pricing strategy to avoid losses in future transactions.
By calculating both the cost price and selling price, it becomes clear how the figures impact overall profitability.
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Naresh bought 4 dozen pencils at 10.80 a dozen and sold them for 80 paise each . find his gain or loss?
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Naresh bought 4 dozen pencils at 10.80 a dozen and sold them for 80 paise each . find his gain or loss? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Naresh bought 4 dozen pencils at 10.80 a dozen and sold them for 80 paise each . find his gain or loss? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Naresh bought 4 dozen pencils at 10.80 a dozen and sold them for 80 paise each . find his gain or loss?.
Naresh bought 4 dozen pencils at 10.80 a dozen and sold them for 80 paise each . find his gain or loss? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Naresh bought 4 dozen pencils at 10.80 a dozen and sold them for 80 paise each . find his gain or loss? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Naresh bought 4 dozen pencils at 10.80 a dozen and sold them for 80 paise each . find his gain or loss?.
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