Practicing Success
If the cost of 20 books is equal to the selling price of 18 books, then the gain percentage is: |
$11 \frac{1}{9}$ % $11 \frac{1}{3}$ % $11 \frac{2}{9}$ % $10 \frac{1}{9}$ % |
$11 \frac{1}{9}$ % |
Cost of 20 books = Selling price of 18 books \(\frac{CP}{SP}\) = \(\frac{18}{20}\) Profit% = \(\frac{20 - 18}{18}\) × 100 = $11 \frac{1}{9}$ % |