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

Name: If selling price of 12 pens is equal to the cost price of 18 pens, find the profit percent. A)40% B)33.3% C)50% D)25%
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The cost price of 18 pens is equal to the selling price of 12 pens, meaning the cost price of 1 pen is equal to the selling price of 2/3 of a pen. Therefore, the profit is 1/3 of the cost price, which is a 50% profit.

If Selling Price of 12 Pens Is Equal to the Cost