the selling price of 12 pens is equal to the cost price of 15 pens find the gain percent
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Profit = (Sp of 15 pens - Cp of 15 pens) / Cp of 15 pens
=> Sp of 15 pens - Sp of 12 pens / Sp of 12 pens
Assume, price of one pen = Rs. 1
=> 3/12
Profit % = (3/12) * 100 = 25%
=> Sp of 15 pens - Sp of 12 pens / Sp of 12 pens
Assume, price of one pen = Rs. 1
=> 3/12
Profit % = (3/12) * 100 = 25%
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