By selling 55 articles, a shopkeeper makes a profit equal to the cost of 11 articles. Find his gain percent.
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AnswEr :
20% Gain
Explanation :
By Selling 55 Articles, a shopkeeper makes a Profit Equal to the Cost of 11 Articles.
• Profit on 55 Articles = CP of 11 Articles
⇒ (SP × 55 - CP × 55) = CP × 11
- Dividing Each term by 11
⇒ (5 × SP - 5 × CP) = CP
⇒ 5 SP = CP + 5 CP
⇒ 5 SP = 6 CP
⇒ SP = 6CP / 5
_________________________________
⇒ Gain = SP - CP
⇒ Gain = 6CP / 5 - CP
⇒ Gain = (6CP - 5CP) / 5
⇒ Gain = CP / 5
⇒ Gain% = Gain / CP × 100
⇒ Gain% = (CP/5) / CP × 100
⇒ Gain% = 1 / 5 × 100
⇒ Gain% = 20%
჻ Gain% is 20% on selling the Articles.
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