Arithmetic Ability
Profit and Loss

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Q.

If the cost price of 12 pens is equal to the selling price of 8 pens, the gain percent is ?

View Answer

Correct choice: C

Explanation:

Friends, we know we will need gain amount to get gain percent, right. So lets get gain first. Let the cost price of 1 pen is Re 1 Cost of 8 pens = Rs 8 Selling price of 8 pens = 12 Gain = 12 - 8 = 4 Gain% = (gain/cos t × 100)% = (4/8 × 100)% = 50%
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