Question

the cost price of 16pens is equal to the selling price of 12 pens . find the gain or loss percent​

Answer 1

Answer:

cost price of 16 pens = selling price of 12 pens

12 : 16

hence , different between sp and cp = 4

therefore, 4/16 ×100=25%

25% loss

Answer 2

Given,

Cost price of 16 pens = Selling price of 12 pens

Let the cost price of 1 pen be ₹1

Cost price of 16 pens = ₹16

Selling price of 12 pens = ₹16 (as Cp of 16 = Sp of 12)

Cost price of 12 pens = ₹12

Clearly, there's a profit

profit = ₹16-₹12 = ₹4

$profit\% = \frac{4}{12} \times 100$

$= \frac{100}{3}$

$= 33 \frac{1}{3} \%$

Hope it helps

have a great day