If the cost price of 12 pens is equal to the selling price of 7 pens, the gain percent is:

If the cost price of 12 pens is equal to the selling price of 7 pens, the gain percent is:

Quiz

Answer/Solution

71%

Steps/Work

Explanation:
Let C.P. of each pen be Re. 1.
Then, C.P. of 7 pens = Rs. 7; S.P. of 7 pens = Rs. 12.
Gain % = 5/7 * 100 = 71%
Answer:C