a merchant bought pens at the rate of 8 pens for ₹34 and sold them at the rate of 12 pens for ₹57 . find his profit percent.
pls write the whole process and send
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Answer:
12 26/27
Yes, Sure
Step-by-step explanation:
L.C.M of 8 and 12 = ( 2×2×2×3) = 12.
Suppose that the Merchant buys 12 pens .
C.P. of 8 pens = ₹ 34.
C.P of 1 pen = ₹ (34/8).
C.P of 12 pens = ₹ ( 34/8× 12) = ₹ 54.
S.P of 12 pens = ₹ 57
S P of 1 pen =₹ (57/12).
S.P. of 12 pens = ₹ (57/12×12) =₹ 57
Since, S.P is greater than C.P, The merchant gains.
Gain = ( S.P - C.P ) = ₹ (57 - 50) =₹ 7.
Gain% = ( Gain / C.P × 100 ) %
= (7/54 × 100) %
= 350/27
= 12 26/27 Is your Answer.
Hope this helps you
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11.76%.,...............................
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