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If the cost price of 18 mangoes is the s...

If the cost price of `18` mangoes is the same as the selling price of `16` mangoes, find the gain percent.

A

Gain `= "Rs. 2"`
Gain `% = 12.5%`

B

Gain `= "Rs. 12"`
Gain `% = 32.5%`

C

Gain `= "Rs. 8"`
Gain `% = 15%`

D

Gain `= "Rs. 7"`
Gain `% = 12.5%`

Text Solution

AI Generated Solution

The correct Answer is:
To find the gain percent when the cost price of 18 mangoes is the same as the selling price of 16 mangoes, we can follow these steps: ### Step-by-Step Solution: 1. **Let the Cost Price of 1 Mango be x**: We assume the cost price (CP) of one mango is \( x \). 2. **Calculate the Total Cost Price of 18 Mangoes**: The total cost price of 18 mangoes will be: \[ \text{Total CP} = 18 \times x = 18x \] 3. **Let the Selling Price of 1 Mango be y**: We assume the selling price (SP) of one mango is \( y \). 4. **Calculate the Total Selling Price of 16 Mangoes**: The total selling price of 16 mangoes will be: \[ \text{Total SP} = 16 \times y = 16y \] 5. **Set the Cost Price Equal to the Selling Price**: According to the problem, the cost price of 18 mangoes is equal to the selling price of 16 mangoes: \[ 18x = 16y \] 6. **Find the Selling Price of 1 Mango**: Rearranging the equation to find \( y \): \[ y = \frac{18x}{16} = \frac{9x}{8} \] 7. **Calculate the Gain**: Gain is defined as the selling price minus the cost price. Thus, the gain for one mango is: \[ \text{Gain} = y - x = \frac{9x}{8} - x = \frac{9x}{8} - \frac{8x}{8} = \frac{x}{8} \] 8. **Calculate the Gain Percent**: Gain percent is calculated using the formula: \[ \text{Gain Percent} = \left( \frac{\text{Gain}}{\text{Cost Price}} \right) \times 100 \] Substituting the values we have: \[ \text{Gain Percent} = \left( \frac{\frac{x}{8}}{x} \right) \times 100 = \frac{1}{8} \times 100 = 12.5\% \] ### Final Answer: The gain percent is **12.5%**.
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