The cost price of 16 note books is equal to the selling price of 12 note books. Find the gain percent.
Given, C.P of 16 note books is equal to the S.P of 12 note books
16 C.P = 12 S.P
C.P =
S.P
Where, C.P – Cost price
S.P – Selling Price
Gain = S.P – C.P
= S.P -
S.P
=
S.P
Profit % = ![]()
=
× 100%
= ![]()
= 33.33%
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