By selling an article for ₹ 4000, a shopkeeper earned profit equal to 1/5 of its cp. Find his gain%.
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Answer:
20 %
Step-by-step explanation:
SP = 4000 %
CP = X
PROFIT. = X/5
4000 - X = X/5
20000 - 5X = X
6X. = 20000
X = 10000/3
PROFIT = 2000/3
PROFIT % = 20000/3 × 3/10000 × 100 = 20%
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