Question

If the cost price of 18mangoes is same as the selling price of 16 mangoes find the gain %

Answer 1

Here, Cp of 18 mangoes=So of 16 mangoes

Let Cp of one mango be ₹1
Therefore, Cp of 18 mangoes= ₹18

Sp of 16 mangoes = ₹18
Sp of 1 mango = ₹18/16 = ₹1.125

We know,
Gain = Sp-Cp
= ₹1.125-₹1
= ₹0.125

Gain %= 0.125/1×100
=12.5%