The selling price of 12 pens is equal to cost price of ITI result find the gain or loss percent
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Therefore,
The C.P of 15 pens = Rs. 15
Given,
C.P of 15 pens= S.P of 12 pens.
So, S.P of 12 pens = Rs.15
Selling Price of 1 pen = Rs. 1.25
Gain= Rs. 0.25
Gain percent= Gain x 100/C.P %
= 0.25 x 100/1 %
=25/1 %
= 25 %
Therefore, the gain percent is 25%
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