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Some books for bought at rs 80 per score and sale at 60 per dozen find the gain or loss percent?
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Some books for bought at rs 80 per score and sale at 60 per dozen find...
Understanding the Problem
To calculate the gain or loss percent, we need to first find the cost price (CP) and selling price (SP) of the books.
Cost Price Calculation
- The cost of books is given as Rs 80 per score (which means 20 books).
- Therefore, the cost price (CP) of 1 book = 80 / 20 = Rs 4.
Selling Price Calculation
- The selling price is given as Rs 60 per dozen (which means 12 books).
- Therefore, the selling price (SP) of 1 book = 60 / 12 = Rs 5.
Calculating Gain or Loss
- Now, we can find the gain per book:
- Gain = SP - CP
- Gain = 5 - 4 = Rs 1.
Finding Gain Percentage
- Gain percent is calculated using the formula:
- Gain Percent = (Gain / CP) × 100
- Gain Percent = (1 / 4) × 100 = 25%.
Conclusion
- The books are sold at a gain of 25%.
This signifies that for every book sold, the seller earns a profit of 25% over the cost price.
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Some books for bought at rs 80 per score and sale at 60 per dozen find the gain or loss percent?
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