when 12 books are sold profit obtained is equal to the selling price of 2 books find the profit percent
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Answered by
2
Answer:
Step-by-step explanation:
let cp of 1 notebook be rs 100.
so therefore sp= 100*16/12
=133.33rs.
so, gain percent= 133.33-100/100*100
= 33.333333%
Answered by
1
20%
Step-by-step explanation:
Let selling price of 1 book be Rs. 100
therefore, selling price of 12 books = Rs. 1200
According to the condition,
profit = selling price of 2 books
therefore, Profit = 100× 2 = 200
Cost price = selling price - profit
= 1200 - 200
= 1000
Profit % = profit × 100 / cost price
= 200× 100 / 1000
= 20
therefore profit is 20 %
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