Profit and Loss Question & Answers
If the cost price of 12 pens is equal to the selling price of 8 pens, the gain percent is ?
|A) 12%||B) 30%|
|C) 50%||D) 60%|
Friends, we know we will need gain amount to get gain percent, right. So lets get gain first.
Let the cost price of 1 pen is Re 1
Cost of 8 pens = Rs 8
Selling price of 8 pens = 12
Gain = 12 - 8 = 4
Gain% = %
=% = 50%
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