Question

By selling 12 article , a trader gains the selling price of 2 articles find gain percentage?



Please help

Answer 1

Answer:

16.67%

Step-by-step explanation:

let CP of one article is x

so total CP=12x

as gain is the price of 2 atricle

so, SP=12x+2x

gain=SP-CP

= 14x-12x

=2x

gain%= (gain/CP)*100

=(2x/12x)*100

=100/6=16.67%(approx)