The cost price of 16 articles is equal to the selling price of 12 articles . What is the gain per cent?
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Step-by-step explanation:
c.p of 16 articles =s.p of 12 articles
c.p of 12 articles =12x
s.p of 12 articles =16x
gain=s.p-c.p
=16x-12x
=4x
gain %=(4x/12x)×100%
=33.3%
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