sp of ten candles is same as cp of 12 candles find the gain %
Answers
Answer:
The Gain Percentage = 20%
Step-by-step explanation:
Let the C.P of 1 candle = ₹ 1
Thus,
C.P of 12 candles = ₹ 12
Also,
C.P of 10 candles = ₹ 10
Now, according to the Question,
S.P of 10 candles = C.P of 12 candles
Thus,
S.P of 10 candles = ₹ 12
Hence, we are taking the S.P and C.P of 10 candles.
Profit = S.P - C.P
Profit = S.P of 10 candles - C.P of 10 candles
P = ₹12 - ₹ 10
P = ₹ 2
Now,
Profit % = (Profit/C.P) × 100
P% = (₹ 2/₹ 10) × 100
P% = (1/5) × 100
P% = 20%
OR
Let the C.P of 1 candle = ₹ x
Thus,
C.P of 12 candles = ₹ 12x
Also,
C.P of 10 candles = ₹ 10x
Now, according to the Question,
S.P of 10 candles = C.P of 12 candles
Thus,
S.P of 10 candles = ₹ 12x
Hence, we are taking the S.P and C.P of 10 candles.
Profit = S.P - C.P
Profit = S.P of 10 candles - C.P of 10 candles
P = ₹12x - ₹ 10x
P = ₹ 2
Now,
Profit % = (Profit/C.P) × 100
P% = (₹ 2x/₹ 10x) × 100
P% = (1/5) × 100
P% = 20%
Hence,
The Gain Percentage = 20%
Hope it helped and believing you understood it........All the best
The gain percent is 20%.
Given - SP of ten candles and CP of 12 candles
Find - Profit percentage
Solution - Let the SP of one candle be x. So, SP of ten candles will be: 10x.
Now, CP of 12 candles = 10x.
CP of 1 candle = 10x/12
CP of 1 candle = 0.8x
Profit = (x-0.8x)*100/x
Profit = 0.2x*100/x
Profit = 20%
Hence, the profit was 20%.
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