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Rajeshwar bought 16 dozen ball point pen...

Rajeshwar bought 16 dozen ball point pens and sold them by and by. Due to a calculation mistake in fixing selling price, he lost an amount equal to S.P. of 4 dozen pens. Find the loss per cent. Find the S.P. of one dozen pens, if he purchased these 16 dozen pens for 240.

A

18

B

10

C

12

D

14

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem step by step, we will follow these calculations: ### Step 1: Calculate the Cost Price (C.P.) of 1 dozen pens. Rajeshwar bought 16 dozen pens for 240 rupees. \[ \text{C.P. of 1 dozen pens} = \frac{\text{Total C.P.}}{\text{Number of dozens}} = \frac{240}{16} = 15 \text{ rupees} \] ### Step 2: Determine the Selling Price (S.P.) of 16 dozen pens. Let the selling price of 1 dozen pens be \( x \) rupees. Therefore, the selling price of 16 dozen pens will be: \[ \text{S.P. of 16 dozen pens} = 16x \text{ rupees} \] ### Step 3: Calculate the loss incurred. According to the problem, Rajeshwar lost an amount equal to the selling price of 4 dozen pens. \[ \text{Loss} = \text{S.P. of 4 dozen pens} = 4x \text{ rupees} \] ### Step 4: Set up the equation for loss. The loss can also be calculated as: \[ \text{Loss} = \text{C.P.} - \text{S.P.} = 240 - 16x \] Setting the two expressions for loss equal to each other: \[ 240 - 16x = 4x \] ### Step 5: Solve for \( x \). Rearranging the equation gives: \[ 240 = 16x + 4x \] \[ 240 = 20x \] \[ x = \frac{240}{20} = 12 \text{ rupees} \] ### Step 6: Calculate the loss. Now we can find the total loss: \[ \text{Loss} = 4x = 4 \times 12 = 48 \text{ rupees} \] ### Step 7: Calculate the loss percentage. The loss percentage can be calculated using the formula: \[ \text{Loss Percentage} = \left( \frac{\text{Loss}}{\text{C.P.}} \right) \times 100 \] \[ \text{Loss Percentage} = \left( \frac{48}{240} \right) \times 100 = 20\% \] ### Final Results: - Selling Price of 1 dozen pens: 12 rupees - Loss Percentage: 20% ---
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