please please answer with explain quickly
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Answer:
50%
Step-by-step explanation:
Let the cp of one book be x
And the sp of one book be y
cp of 12 books = sp of 8 books
12x = 8y
3x = 2y
Gain % = ( p/cp )*100
=[ (sp-cp)/cp ]*100
= [(y-x)/x ]*100
= [(3x/2 - x)/x]*100
= 0.5*100
= 50%
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