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If the selling price of 10 pens is equal to the cost price of 15 pens, then the gain per cent is:
Question

If the selling price of 10 pens is equal to the cost price of 15 pens, then the gain per cent is:

A.

40%

B.

60%

C.

70%

D.

50%

Correct option is D

Given:

Selling price (SP) of 10 pens = Cost price (CP) of 15 pens  

Formula Used:  

Gain % = (SPCPCP×100)\left( \frac{SP-CP}{CP} \times 100 \right)    

Solution:    

As given ;

SP of 10 pens = CP of 15 Pen 

So, SPCP=1510=32\frac{SP}{CP} = \frac{15}{10} = \frac{3}{2}   

Let SP = 3x  and CP = 2x 

So, Gain % = (3x2x2x×100)=12×100=50%\left( \frac{3x - 2x}{2x} \times 100 \right) = \frac{1}{2}\times 100 = 50 \%  ​

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