Question

by selling 5 articles, a man gains the cost price of 1 article.Find his gain percentage ​

Answer 1

Answer:

Gain percentage would be 20%

Step-by-step explanation:

Let x be the cost price of one article,

So, the cost price of 5 articles = 5x,

According to the question,

Profit in selling 5 articles = x,

Hence,

$\text{Profit}\% =\frac{\text{Profit}}{\text{Cost price}}\times 100$

$=\frac{x}{5x}\times 100$

$=\frac{100}{5}$

$=20\%$

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