1.

The selling price of 12 fishes is equal to the cost price of 15 fishes. What is the gain percentage?1. 6.67%2. 20%3. 25%4. 80%

Answer» Correct Answer - Option 3 : 25%

Given:

The cost price of 15 fishes = The selling price of 12 fishes

Formula Used:

Profit percentage = {(SP – CP)/CP} × 100

Calculation:

Let CP of 1 fish be RS x

CP of 12 fishes = Rs 12x

CP of 15 fishes = Rs 15x

SP of 12 fishes = Rs 15x

Gain percentage = (15x – 12x)/12x × 100 = 25%

∴ The Gain percentage is 25%.


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