Arithmetichard · Past Paper
A shopkeeper sells 12 pens and gains the selling price of 2 pens. Find the gain percentage.
A20%
B16.66%
C25%
D15%
✓ Correct Answer: A — 20%
SP of 12 - CP of 12 = SP of 2. So CP of 12 = SP of 10. Gain % = ((12-10)/10) * 100 = 20%.
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