The cost price of 12 pens is equal to the selling price of 18 pens. Find gain or loss percent.
Answers
Answered by
23
Answer:
12pen CP = 18pen SP
CP/SP= 18/12
CP= 18 SP= 12
LOSS= 18-12 =6
loss%= loss × 100/cp
loss%=6×100/18
loss%=100/3
loss%=33.3333....
Answered by
6
The value of % loss is 33.33%.
Step-by-step explanation:
Given:
The cost price of 12 pens is equal to the selling price of 18 pens.
To Find:
The value of %gain or %loss .
Formula Used:
Loss= Cost price- Selling price
Solution:
Let the cost price of 1 pen = Rs.1
Cost price of 12 pens
As given- the cost price of 12 pens is equal to the selling price of 18 pens .
Selling price of 18 pens=Cost price of 12 pens
Selling price of 18 pens = Rs.12
Cost price of 18 pens =Rs.18
Loss= Cost price- Selling price
Thus, the value of % loss is 33.33%.
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