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On selling 100 pens, a man gains the sel...

On selling 100 pens, a man gains the selling price of 20 pens. The gain per cent is

A

0.2

B

0.25

C

`16 2/3%`

D

0.15

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem step by step, we will calculate the gain percentage based on the information provided. ### Step 1: Understand the Information Given We know that: - Selling 100 pens results in a gain equal to the selling price of 20 pens. ### Step 2: Define Variables Let: - Selling Price (SP) of 1 pen = \( x \) - Therefore, Selling Price (SP) of 100 pens = \( 100x \) - Gain from selling 100 pens = Selling Price of 20 pens = \( 20x \) ### Step 3: Calculate the Gain From the information given: - Gain = Selling Price of 100 pens - Cost Price of 100 pens - We know that the gain is also equal to the selling price of 20 pens, which is \( 20x \). ### Step 4: Calculate the Cost Price To find the cost price (CP) of the 100 pens, we can set up the equation: - Gain = SP of 100 pens - CP of 100 pens - Therefore, \( 20x = 100x - CP \) - Rearranging gives us: \( CP = 100x - 20x = 80x \) ### Step 5: Calculate Gain Now, we can calculate the gain: - Gain = Selling Price of 100 pens - Cost Price of 100 pens - Gain = \( 100x - 80x = 20x \) ### Step 6: Calculate Gain Percentage The formula for gain percentage is: \[ \text{Gain Percentage} = \left( \frac{\text{Gain}}{\text{Cost Price}} \right) \times 100 \] Substituting the values we have: \[ \text{Gain Percentage} = \left( \frac{20x}{80x} \right) \times 100 \] The \( x \) cancels out: \[ \text{Gain Percentage} = \left( \frac{20}{80} \right) \times 100 = \frac{1}{4} \times 100 = 25\% \] ### Final Answer The gain percentage is **25%**. ---
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