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