Question

A vendor buys egg at 6 for a rupee and seels them at 5 for a rupee.Find his gain percent
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Answer 1

Answer:

Consider the no. of eggs purchased : 30

The lCM of 6 and 5 is 30

C.P of eggs = 1/6×30 = 5 rupees

S.P of eggs = 1/5×30 = 6 rupess

Profit = S.P - C.P

6 - 5

= 1

Profit % = profit × 100/ C.P

1×100/6

= 16.66%