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      Question

      If the cost price of 12 pens is equal to the selling

      price of 8 pens, the gain percent is ?
      A 12% Correct Answer Incorrect Answer
      B 30% Correct Answer Incorrect Answer
      C 50% Correct Answer Incorrect Answer
      D 60% Correct Answer Incorrect Answer
      E 54% Correct Answer Incorrect Answer

      Solution

      Friends, we know we will need gain amount to get gain percent, right. So lets get gain first.
      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%

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