the cost price of 16 note books is equal to the selling price of 12 note books. find the gain percent
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let the cost of one notebook is = 1rs.
then cost price of 16 notebooks = 16 rs.
because cost price of 16 notebooks is equal to the selling price of 12 notebooks.
that is why -
selling price of 12 notebooks = 16 rs.
gain = 16-12
= 4
gain percentage = 4/ 16* 100
= 25%
then cost price of 16 notebooks = 16 rs.
because cost price of 16 notebooks is equal to the selling price of 12 notebooks.
that is why -
selling price of 12 notebooks = 16 rs.
gain = 16-12
= 4
gain percentage = 4/ 16* 100
= 25%
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