21. The cost price of 7 books is equal to the selling price of 6 books. Find the profit percent.
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Answered by
7
Answer:
16%
Step-by-step explanation:
Let the cost price of one book = x.
Cost price of 7 books = 7x.
Given, C.P of 7 books = S.P of 6 books.
Selling price of 6 books = 7x.
Then,
Selling price of 1 book = (7x/6) = 1.16x
Now,
We know that,
Profit% = (Selling price - Cost price)/CP * 100
= (1.16 - x)/x * 100
= (0.16x)/x * 100
= 16%
Therefore,
Profit Percentage = 16%
Hope it helps!
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