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If the cost price of 8 pens is same as t...

If the cost price of 8 pens is same as the selling price of 6 pens, then the gain percent is

A

`33(1)/(3)%`

B

`11(1)/(2)%`

C

`13(1)/(3)%`

D

`25%`

Text Solution

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The correct Answer is:
To find the gain percent when the cost price of 8 pens is equal to the selling price of 6 pens, we can follow these steps: ### Step-by-step Solution: 1. **Define Variables**: Let the cost price (CP) of one pen be \( x \). Therefore, the cost price of 8 pens will be \( 8x \). 2. **Selling Price Calculation**: According to the problem, the cost price of 8 pens is equal to the selling price (SP) of 6 pens. Therefore, we can write: \[ 8x = SP \text{ of 6 pens} \] Let the selling price of one pen be \( y \). Thus, the selling price of 6 pens will be \( 6y \). 3. **Set Up the Equation**: From the above relationship, we can set up the equation: \[ 8x = 6y \] 4. **Find the Selling Price per Pen**: Rearranging the equation to find \( y \): \[ y = \frac{8x}{6} = \frac{4x}{3} \] 5. **Calculate Profit**: The profit made on one pen is given by: \[ \text{Profit} = SP - CP = y - x = \frac{4x}{3} - x \] To simplify: \[ \text{Profit} = \frac{4x}{3} - \frac{3x}{3} = \frac{x}{3} \] 6. **Calculate Gain Percent**: The gain percent is calculated using the formula: \[ \text{Gain Percent} = \left( \frac{\text{Profit}}{\text{CP}} \right) \times 100 \] Substituting the values we have: \[ \text{Gain Percent} = \left( \frac{\frac{x}{3}}{x} \right) \times 100 = \frac{1}{3} \times 100 = 33.33\% \] 7. **Final Answer**: Therefore, the gain percent is \( 33 \frac{1}{3} \% \).
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