the sp of 12 pens is equal to the cp of 14 pens then what is gain (or)loss percent
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the sp of 12 pens is equal to the cp of 14 pens then what is gain (or)loss percent
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Answer:
Hey mate here is your answer.
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Step-by-step explanation:
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suppose, the SP of 1 pen is x & cp of 1 pen is y Now, the SP of 12 pens is 12x & cp of 14 is 14y,
x/y = 14/12 = 7/6,
now x = sp of 1 pen = 7 & y = cp of 1 pen = 6,
now gain = sp-cp 7-6 = 1,
gain% = gain/cp×100 = 1/6×100=50/3=16.66 Something.
I hope you understand.✔✔✔
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Answer:
if cp of x article is equal to sp of y article and where x is greater than y then profit %
=( x - y )/y *100
=( 14-12)/12 *100
= 2/12 *100
= 100/6
= 16.6 % profit