📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

    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%

    Practice Next
    More Profit and loss Questions
    ask-question