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If selling price of 12 pens is equal to the cost price of 18 pens,find the profit percent.40%33.3%50%25%

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If selling price of 12 pens is equal to the cost price of 18 pens,find the profit percent.40%33.3%50%25%
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Solution 1

Let's denote the cost price of one pen as 'C' and the selling price of one pen as 'S'.

According to the problem, the selling price of 12 pens is equal to the cost price of 18 pens.

So, we can write this as: 12S = 18C

Solving for S (the selling price of one pen), we get: S = 1.5C

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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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