cost price of 12 articles is equal to selling price of 16 articles find the gain or loss percentage
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If the cost price of 12 pens is equal to the selling price of 8 pens, the gain percent is ?12%30%50%60%
Answer: Option C
Explanation:
Friends, we know we will need gain amount to get gain percent, right. So lets get gain first.
Let the cost price of 1 pen is Re 1
Cost of 8 pens = Rs 8
Selling price of 8 pens = 12
Gain = 12 - 8 = 4
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50% is the answer of the question
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