Question

The selling price of 12 pens is equal to the cost price of 15 pens.Find the gain percentage

Answer 1

Answer:

SP of 12 pens = CP of 15 pens

Let cost of 1 pen=₹1

CP of 12 pens = ₹12

SP of 12 pens = ₹15

Since SP>CP

Therefore, gain=₹(15-12)

=₹3

Gain%=(gain/CP*100)%

=(3/12*100)%

=25%