if cost price of 12 pens is equal to selling price of 18 pens . find loss or gain percent
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Step-by-step explanation:
If the cost price of 12 pens is equal to the selling of 8 pens the gain percent is,
Let the cost price of 1 pen is Rs 1
Cost of 8 pens =Rs 8
Selling price of 8 pens =Rs 12
Gain = (Gain/Cp x 100)
= 12-8/8 x 100
= 4/8x100
= 50% Profit/Gain
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