Manan buys 9 pens for Rs.36 and sells them at the rate of 12 pens for Rs.52. Find the gain or loss percent.

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Solution

Cost price of one pen = 36 / 9 = Rs 4
Selling price of one pen = 52 / 12 = Rs 5.33
Profit got by selling one lock = Selling price - Cost price = Rs. 1.33
Gain percentage =(1.33/4)*100= 33.25%
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