Question

A man bought pencils at the rate of 6 for rs.4 and sold them at the rate of 4 for rs6. What is gain percentage

Answer 1

Greetings..!

6 pencils are bought for Rs 4 .

So, 1 is bought for 4/6 = Rs 0.66

4 are sold for Rs 6

So, 1 is sold for Rs 6/4 = Rs 1.5

Here, S.P > C.P , gain = S.P - C.P = 1.5 - 0.66 = Rs 0.84

Hence, gain percent = gain/cp * 100 = Rs 0.84/0.66*100 = 127%