the selling price of 12 pens is equal to the cost price of 10 pens.find the profit percent
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Answer:
Let the CP of each pen be Rs.x.
Then,
CP of 12 pens=Rs.12
SP of 12 pens=CP of 15 pnes=Rs.15
now,gain=SP-CP=Rs.(15-12)=Rs.3
gain%=gain/cp*100
=(3/12*100)%=25%
Hence,the gain=25%.
Let the C.P of 1 pen be Rs.1
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%
Hope You understood it... :-)
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