if the CP of 18 cycles is equal to SP of 16 cycles, find the gain or loss percent.
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Answer:
CP= 16x
SP= 18x
Since, SP>CP
Profit=SP−CP
=18x−16x=2x
Profit(%)= profit/CP×100
=2x/16x × 100
=100/8
=12.5%
is 12.5% profit
hope it helps you!
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