the cp of 10 book is same as sp of 8 book find the profit percentage
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Statement of the given problem,
If the cost price of 12 books is equal to the selling price of 8 books, what is the gain percent?
Let C & S denote the cost-price & the sell-price respectively of an book.
Hence from above data we get as follows,
8*S = 12*C
or S = (3/2)*C = (1 + 1/2)*C = (1 + 50/100)*C
Therefore the gain percentage = 50% [Ans]
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