Question

If the cost price of 12 pens is equal
to the selling price of 8 pens, the
gain percent is
(A) 12%
(B) 30%
(C) 50%
(D) 60%​

Answer 1

Answer:

C

Step-by-step explanation:

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

Gain% = 4/8 * 100 = 50%