pens are bought at 12 for a Rupee and sold at 9 a Rupee find the gain percentage
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Answer:
33.3%
Step-by-step explanation:
Let the price of pens be "x" instead of one rupee.
Cost Price (C.P) of 12pens = 12x
Selling Price (S.P) of 9pens = 9x
C.P = S.P
12x = 9x
This can be written as,
S.P = C.P
12x = 9x
Gain = 12x - 9x = 3x
Gain% = Gain/C.P*100 = 3x/9x*100 = 33.33%
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