A hawker gains the selling price of 4 ball point pen on selling 1 dozen pens . What is his gain percentage?
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Answer:
S.P. of
12
gel Pens-C.P. of
12
gel pens= S.P. of
4
gel pens
⇒
C.P. of 12 gel pens=S.p. of 8 gel pens
Let the S.P. of 1 gel pen = Rs. 1. then
C.P. of 12 gel pesn= Rs. 8
S.P. of 12 gel pesn= Rs. 12
∴
Gian= Rs. 12- Rs. 8= Rs. 4
Gain %=
(
4
8
×
100
)
%=50%
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