Question

Cp of 12 books is equal to sp of 8 books what is the gain peacentage

Answer 1

Given

Cost of 12 book =Selling Price of 8 book

• Cost price < Selling Price

We get profit when Selling Price> celling price

$\sf{→ Profit\% = \cfrac{SP-CP}{CP} \times 100}$

$\sf{→ Profit\% = \cfrac{12 - 8}{8} \times 100}$

$\sf{→ Profit\% = \cfrac{4}{8} \times 100}$

$\sf{→ Profit\% = \cfrac{100}{2} }$

$\sf{→ Profit\% = 50 \% }$