Question

20. The selling price of an article is 6/5 of
the cost price. Then the gain percent is​

Answer 1

Answer:

Gain%= 20%

Step-by-step explanation:

Let the cost price be Rs. 100

Given selling price= 6/5 of cost price

                              = (6/5)*100

                              = Rs. 120

As selling price is more than the cost price that means it is a profit

Profit =Selling Price- Cost Price

         = 120-100= Rs. 20

Gain %= (Gain/Cost Price)*100

          = (20/100)*100

          = 20%