SOLUTION: A man bought notebooks at the rate of Rs.72,per dozen and sold them at the rate of Rs.25 for a packet of 5 books.what was his gain or loss?

Algebra ->  Percentage-and-ratio-word-problems -> SOLUTION: A man bought notebooks at the rate of Rs.72,per dozen and sold them at the rate of Rs.25 for a packet of 5 books.what was his gain or loss?      Log On


   



Question 1024260: A man bought notebooks at the rate of Rs.72,per dozen and sold them at the rate of Rs.25 for a packet of 5 books.what was his gain or loss?
Answer by josmiceli(19441) About Me  (Show Source):
You can put this solution on YOUR website!
Purchase rate:
+72%2F12+=+6+ per book
Selling rate:
+25%2F5+=+5+ per book
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He had a loss of Rs 1 for each book.
That is a loss of Rs 12 for 12 books