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What would be the percentage gain if a person bought books at a rate of 5 books for 18 rupees and sold them at a rate of 3 books for 12 rupees?

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What would be the percentage gain if a person bought books at a rate of 5 books for 18 rupees and sold them at a rate of 3 books for 12 rupees?
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Solution 1

Sure, let's break it down:

Step 1: First, we need to find out the cost price (CP) and selling price (SP) of a single book.

The cost price of 5 books is 18 rupees, so the cost price of 1 book would be 18/5 = 3.6 rupees.

The selling price of 3 books is 12 rupees, so the selling price of 1 book woul Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.

Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
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