The cost price of 12 fans is equal to the selling price of 16 fans. Find the gain or loss percentage Share with your friends Share 0 Sneha Apar answered this 1 View Full Answer Harshit Singh answered this Let the cost price be any multiple of 12. Cost Price = Rs.60(assumed) Cost of 1 fan = Rs.5 Selling price = 16*5 = Rs.80 Profit = Rs.20 Profit percent = 20*100/60 =33.333333 percent profit 2