Question

CP of 12 books is equal to SP of 8 books then find the gain or loss percentage

Answer 1

Answer:

• Statement of the given problem,
• If the cost price of 12 books is equal to the selling price of 8 books, what is the gain percent?

• Let C & S denote the cost-price & the sell-price respectively of an book.
• Hence from above data we get as follows,

8*S = 12*C

or S = (3/2)*C = (1 + 1/2)*C = (1 + 50/100)*C

• Therefore the gain percentage = 50% [Ans]

Step-by-step explanation:

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