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What is the profit % if the cost price of 16 bolts is equal to the selling price of 12 bolts? |
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Answer» then, SP of 16 bolts = 16x and CP of 16 bolts = SP of 12 Bolts= 12x Profit= 16x-12x= 4x profit PERCENTAGE= 4x/12x × 100 = 33 1/3 percent |
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