Cost price of 30 books is equal to the selling price of 24 books. Find the gain percent.
Answers
Answered by
14
Answer:
25%
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Step-by-step explanation:
Let C be the cost price per book.
Let S be the selling price per book.
Given: 30 C = 24 S
=> 5 C = 4 S
=> S = (5 / 4) C = 1.25 C = 125% of C
=> Profit margin is 25%
tvasudha200:
this is not the correct way to do it
Answered by
30
Let CP if 1 book x
Then CP of 24 book = 24x
and CP of 30 book = 30 x
SP of 24 book= 30x
Profit= SP-CP
= 30x - 24x= 6x
P % = 6x/24x× 100
=25%
Then CP of 24 book = 24x
and CP of 30 book = 30 x
SP of 24 book= 30x
Profit= SP-CP
= 30x - 24x= 6x
P % = 6x/24x× 100
=25%
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