Question

By selling 10 notebooks for cost price of 12 notebooks how much gain percent does a person get ?​

Answer 1

Let, the C.P. of a notebook is 1 Rs.

Then, CP of 10 notebooks will be : 1×10 = 10 Rs.

Given that :

By selling 10 notebooks for Cost price of 12 notebooks

According to question :

Selling Price of 10 notebooks = Cost price of 12 notebooks = 1×12 = 12 Rs.

Cost price of 10 notebooks = 10 Rs.

Gain = S.P. - C.P.

Gain = 12 - 10 = 2 Rs.

Now, Gain% = ( Gain/C.P. )×100

=> Gain% = 2/10×100 = 20%

So, the person got 20% profit.

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Answer 2

The above Answer is Correct!!!

Ishu ?