6. The cost price of 16 books is equal to the selling price of 30 books. Find the gain%
Answers
Answered by
13
Here is your answer,
CP of 16 book = SP of 30 notebooks
To find gain
SP = ₹30
CP = ₹16
We use formula
Gain = SP - CP
Gain = 30 - 16
Gain = 14
Then we find gain%
We use formula
Gain% = Gain/Cost price*100
Gain% = 14/16*100
Gain% = 87.5%
Hope it helps uh.....
Have a great day......
Answered by
1
Let the SP of 1 book = Rs 1
SP of 16 books = Rs 16
CP of 16 books = SP of 30 books
= Rs 30
SP of 30 books = CP of 16 books
= Rs 16
So, CP > SP
Loss = CP –SP
= 30 – 16
= Rs 14
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