the selling orice of 10 book is equal to the cost price of 12 books. find the profit percent.
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Step-by-step explanation:
Let the CP of one book be Rs. x. So,
CP of 16 books =Rs. 16x
According to the question,
SP of 12 books =Rs. 16x
Therefore,
SP of one book =Rs.
12
16x
=Rs.
3
4x
Therefore,
Gain%=
x
(
3
4x
−x)
×100=
3x
x
×100=33
3
1
%
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