If the cost price of 8 pens equals the seeling price of 6 pens, find the gain percent.
Answers
Answer:
solution
Let say cost of 1 pen=x
cost of 8 pen=8x
selling price of 6 pen=8x
selling price of 1 pen=34x
% profit=x34x−x×100=3100=33.33%
Given : If the cost price of 8 pens equals the selling price of 6 pens,
To Find : the gain percent.
Solution:
Let say cost price of a pen = 3x
=> cost price of 8 pens = 8 * 3x = 24x
Selling price of 6 pens = 24x
=> Selling Price of 1 pen = 24x/6
=> Selling price of 1 pen = 4x
Cost price = 3x
Selling price = 4x
Profit / gain = 4x - 3x = x
Gain percentage = ( x/ 3x) * 100 = 33.33 %
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