Question

If the selling price of 18 orange is equal to cost price of 16 orange,find the gain or loss percent.
Please answer this question?

Answer 1

Answer:

let the cost price of each mango be Rs.1

then cp of 8 mangoes =Rs.18

sp of 16 mangoes Rs.18

now,

cp of 16 mangoes =Rs.16

gain =sp-cp=Rs(18-16)=Rs.2

gain%=(gain/cp*100)%=(2/16*100)%=12.5%

Step-by-step explanation: