If cost price of 12 pens for Rs.16, then selling price of one pen to g

1.	If cost price of 12 pens for Rs.16, then selling price of one pen to gain profit of 50% is * Options rs.5 , rs.3 , rs.2
Answer» ANSWER: = 100/3 or 33.33% Step-by-step explanation: Let 16 pens COST Rs.100. Hence 1 PEN will cost 100/16. SP of 12 pens = Rs.100. Hence SP of 1 pen = 100/12 Profit = 100/12 - 100/16= 800-600/96 or 200/96 Or 25/12. Proit % = profit ÷ cp x 100 = 25/12 × 16/100 x100 = 100/3 or 33.33%

If cost price of 12 pens for Rs.16, then selling price of one pen to gain profit of 50% is * Options rs.5 , rs.3 , rs.2

Answer»

= 100/3 or 33.33%

Step-by-step explanation:

Let 16 pens COST Rs.100. Hence 1 PEN will cost 100/16.

SP of 12 pens = Rs.100. Hence SP of 1 pen = 100/12

Profit = 100/12 - 100/16= 800-600/96 or 200/96

Or 25/12.

Proit % = profit ÷ cp x 100 = 25/12 × 16/100 x100

= 100/3 or 33.33%