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If the cost price of 12 nail paint is equal to the selling price of 8 nail paint, what is the gain percent is?1. 33.33%2. 66.67%3. 25%4. 50% |
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Answer» Correct Answer - Option 4 : 50% Given: Cost price of 12 nail paint = Selling price of 8 nail paint Formula Used: Profit percentage = {(S.P – C.P)/C.P} × 100 Calculation: Lets the C.P of each nail paint be Rs 1 C.P of 8 nail paint = Rs. 8 C.P of 12 nail paint = Rs. 12 S.P of 8 nail paint = Rs. 12 Gain = Rs. (12 – 8) = Rs. 4 Gain % = 4/8 × 100 = 50% ∴ Gain percentage is 50% |
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