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If the cost price of 12 pens is equal to the selling price of 8 pens, the gain percent is ?

Correct Answer: 50%

Explanation:

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% = g a i n cos t × 100 %  =  4 8 × 100 % = 50%


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