a man bought pencil at the rate of 6 for Rs 4 and sells sold them at the rate of 4 rupees 6 what is his gain percent in the transaction
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Cost of 6 pencils = RS 4
Cost of 1 pencil = RS 4/6
Cost of 4 pencils =Rs 4/6 x 4 =Rs 16/6
Selling price of 4 pencils = RS 6
So,S.P>C.P And Its gain
Gain=S.P-C.P
=>Gain = Rs(6-16/6)
=>Gain = RS 20/6
So, Gain •\• = Gain/C.P x 100 •\•
=>Gain •\• = 20/6/16/6 x 100 •\•
=>Gain •\• = 20/16 x 100 •\•
=>Gains •\• = 125 •\•
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