Question

The cost price of 12 articles is the same as the selling price of 8 articles. What is the profit percent?​

Answer 1

the cost of 12 practical is same as the selling price of a tactical what is the profit percent ?

Answer :-

Let the CP be ₹1 .

CP of 12 articles = SP of 8 articles = ₹12

So,

CP of 8 article = ₹8

Now,

the SP is greater than CP .

So,

their is gain or profit .

Gain = SP-CP

=(₹12-8)

=₹4

now according to the given question we have to find the gain percent .

so to find the gain percent the formula we have to use ;

$\frac{gain}{cp} \times 100$

now putting the value in the formula we can find the solution !

$\frac{4}{8} \times 100$

$= 50$%

Hence , the gain percent will be 50%