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If the cost price of 12 pens is equal to the selling price of 8 pens, the gain percent is ?
Question 1:
If the cost price of 12 pens is equal to the selling price of 8 pens, the gain percent is ?
A.
12%
B.
30%
C.
50%
Feedback
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/Cost∗100)%
(4/8∗100)%=50%
D.
60%
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