If the cost price of 12 pens is equal to the selling price of 8 pens, the gain percent is ?
Let the cost price of 1 pen is Rs. 1 Cost of 8 pens = Rs. 8 Selling price of 8 pens = 12 Gain = 12 - 8 = 4 Gain% = Gain Cost × 100 % = 4 8 × 100 % = 50%
Let the cost price of 1 pen is Rs. 1
Cost of 8 pens = Rs. 8
Selling price of 8 pens = 12
Gain = 12 - 8 = 4
Gain% = Gain Cost × 100 % = 4 8 × 100 % = 50%
1297 MCQ for effective preparation of the test of Profit and Loss of Word Problems section.
Read the MCQ statement: If the cost price of 12 pens is equal to the selling price of 8 pens, the gain percent is ? , keenly and apply the method you have learn through the video lessons for Profit and Loss to give the answer. Record your answer and check its correct answer and video explanation for MCQ No. 120-12887.