the selling price of 12 pens is equal to the cost price of 14 pens find the gain percent
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Answered by
7
Answer:
16.67 %
Step-by-step explanation:
Let the CP of each pen be ₹ x.
Then, CP of 12 pens = ₹ 12 x
SP of 12 pens = CP of 14 pens = ₹ 14
Now, gain = SP - CP = ₹ (14 - 12) = ₹ 2
Gain% = 100 * gain /cp
= 100 * 2 / 12
= 200 / 12
= 16.67 %
Hence, the gain % = 16.67 %
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Answer:
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