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Karan purchased one dozen pens for Rs. 1...

Karan purchased one dozen pens for Rs. 120/-and sold a pack of 3 pens for Rs. 35/-each .What is his gain ?
A. `16.67%`
B. `20%`
C. `15%`
D. `33.33%`

A

A

B

C

C

B

D

D

Text Solution

AI Generated Solution

The correct Answer is:
To find Karan's gain percentage from selling pens, we can follow these steps: ### Step 1: Determine the Cost Price (CP) Karan purchased 1 dozen pens for Rs. 120. Since 1 dozen equals 12 pens, we can say: - Cost Price (CP) of 12 pens = Rs. 120 ### Step 2: Calculate the Selling Price (SP) of 3 Pens Karan sells a pack of 3 pens for Rs. 35. Therefore: - Selling Price (SP) of 3 pens = Rs. 35 ### Step 3: Calculate the Selling Price of 12 Pens To find out the selling price of all 12 pens, we can calculate how many packs of 3 pens are in 12 pens: - Number of packs in 12 pens = 12 pens / 3 pens per pack = 4 packs - Selling Price (SP) of 12 pens = 4 packs × Rs. 35 per pack = Rs. 140 ### Step 4: Calculate the Gain Gain can be calculated by subtracting the cost price from the selling price: - Gain = Selling Price - Cost Price - Gain = Rs. 140 - Rs. 120 = Rs. 20 ### Step 5: Calculate the Gain Percentage Gain percentage can be calculated using the formula: \[ \text{Gain Percentage} = \left( \frac{\text{Gain}}{\text{Cost Price}} \right) \times 100 \] Substituting the values we have: - Gain Percentage = \( \left( \frac{20}{120} \right) \times 100 \) ### Step 6: Simplify the Gain Percentage Calculation - Gain Percentage = \( \frac{20}{120} \times 100 = \frac{1}{6} \times 100 \) - Gain Percentage = 16.67% ### Conclusion The gain percentage is 16.67%. Therefore, the correct answer is: **A. 16.67%** ---
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