Buying rate of 12 things is equal to selling rate of 10 things. Find out the benefit percentage?
Answers
cp of 12 = sp of 10
let cp of 1 be 1
cp of 10 = 10
cp og 12 = 12
sp of 10 = cp of 12
loss = 12 - 10 = 2
loss percent = 2 / 12 *100 = 16.66666666%
Buying rate of 12 things is equal to selling rate of 10 things. The benefit percentage is 20%
Step-by-step explanation:
Given
CP of 12 things = SP of 10 things
Let the CP of 1 thing be x
Then, CP of 12 things = 12x
SP of 10 things = 12x
SP of 1 thing = 1.2x
SP of 12 things = 12 × 1.2x = 14.4x
Profit = SP - CP
= 14.4x - 12x
= 2.4x
Profit Percentage = (2.4x/12x) × 100
= 20%
Hope this answer is helpful.
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