The S.P OF 16 PENS IS EQUAL TO C.P OF 15 PENS . FIND THE PROFIT OR LOSS PERCENT?
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Answer:
Step-by-step explanation:
The gain percentage (%) = 25 %
Step-by-step explanation:
Let CP of each pen be ₹ 1.
∴ The CP of 16 pens = The SP of 12 pens = ₹ 1
To find, the gain or loss per cent (%) = ?
∴ Gain = ₹ 16 - ₹ 12 = ₹ 4
We know that,
Gain percentage (%) = \dfrac{Gain}{CP} \times 100= \dfrac{4}{16} \times 100
= \dfrac{1}{4} \times 100
= 25 %
Thus, the gain percentage (%) = 25 %
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Step-by-step explanation:
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