If the selling price of 10pens is the same as the cost price of 12pens then the gain percent is what
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Step-by-step explanation:
selling price of ten pens = selling price of 12 pens
Answered by
1
let CP=X
AND SP=y
Therefore, CP=12X & SP=10y
SP=CP(given)
10y=12x
let cost price (x) of 1 pen be Rs1
therefore, CP of 12 pens =Rs 12
12=10y
y=1.2
gain = SP-CP
=( 1.2-1)Rs
= 0.2Rs
gain% = gain/CP ×100
= 0.2/1×100
=20%
therefore, gain% = 20%
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