If the sale price of 12 pens is fixed as the original price of 15 pens, then what percentage of profit is earned in the deal?
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If the sale price of 12 pens is fixed as the original price of 15 pens, then what percentage of profit is earned in the deal?
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Step-by-step explanation:
LET C.P. OF 1 PEN = X
C.P. OF 15 PENS = 15X
HERE ,
IT IS GIVEN THAT CP OF 15 PENS IS EQUAL TO THE S.P. OF 12 PENS WHICH = 15X
Now C.P. OF 12 PENS IS = 12X
IF SP>CP , THEN ITS PROFIT
PROFIT = SP-CP
= 15X-12X = 3X
PROFIT PERCENTAGE= (PROFIT /CP) * 100 =
3X/12X *100 = 1/4*100 =
25% Gain or Profit
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Answer:
25%. profit will be gain