the cost price of 16 books is equal to the selling price of 12 books find the percentage gain
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Step-by-step explanation:
CP of 16 books = SP of 12 books
CP/SP=12/16
CP:SP=3:4
So profit Percentage= 100(4-3)/3 %
=100/3%
= 33.33%.
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Answered by
5
Answer:
Let the cost price of one book be Rs.x
Cost price of 16 books be 16x
And the selling price of one book be Rs.y
Selling price of 12 books be 12y
According to question
PROFIT= S.P-C.P
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