Multiple choice

A shopkeeper buys some pencils at the rate of 48 rupees per dozen, but he gives 6 pencils free to the every person who buys 18 pencils. Find out what loss percentage will be in this deal for him?

  1. 20% loss

  2. 25% loss

  3. 33.33% loss

  4. Cannot be determined

  5. None of these

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Cost price = 48/dozen = 4/pencil. When 18 pencils are bought, 6 extra are given free. Revenue from 18 pencils = 18 × selling price. However, the selling price per pencil is not stated in the question. Without knowing what price the shopkeeper sells at, we cannot calculate profit or loss percentage.