the cost price of 16 articles is equal to the selling price of 12 articles. Find the gain per cent
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Answer:
gain percent =33.3%
Step-by-step explanation:
given cost price of 16 articles =SP of 12 articles
that is 16CP =12SP
SP/CP =16/12 =4/3
gain percent = SP-CP/CP x100% =(SP/CP -1)x100%
gain% =(4/3 -1)100 =1/3x100
gain% =33.3%
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