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