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If the cost price of 16 pens is equal to...

If the cost price of 16 pens is equal to the selling price of 12 pens,then the gain or loss percent is

A

`33(1)/(3)%` gain

B

`25%` gain

C

`25%` loss

D

`33(1)/(3)` loss

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem, we will follow these steps: ### Step 1: Define the Cost Price (CP) of One Pen Let the cost price of one pen be \( X \). ### Step 2: Calculate the Total Cost Price for 16 Pens The cost price of 16 pens will be: \[ \text{CP of 16 pens} = 16X \] ### Step 3: Calculate the Selling Price (SP) of 12 Pens According to the problem, the cost price of 16 pens is equal to the selling price of 12 pens. Therefore: \[ \text{SP of 12 pens} = 16X \] ### Step 4: Calculate the Cost Price for 12 Pens The cost price of 12 pens will be: \[ \text{CP of 12 pens} = 12X \] ### Step 5: Calculate the Gain The gain can be calculated as: \[ \text{Gain} = \text{SP} - \text{CP} = 16X - 12X = 4X \] ### Step 6: Calculate the Gain Percentage The gain percentage is calculated using the formula: \[ \text{Gain Percentage} = \left( \frac{\text{Gain}}{\text{CP}} \right) \times 100 \] Substituting the values we have: \[ \text{Gain Percentage} = \left( \frac{4X}{12X} \right) \times 100 \] ### Step 7: Simplify the Gain Percentage Simplifying the expression: \[ \text{Gain Percentage} = \left( \frac{4}{12} \right) \times 100 = \left( \frac{1}{3} \right) \times 100 = 33.33\% \] ### Conclusion Thus, the gain percentage is \( 33.33\% \). ---
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