Question

for gaining
If the selling price of 5 articles is same as the cost price of 6 articles, find the
gain or loss percent.​

Answer 1

Step-by-step explanation:

Let the cost price be x

SP of 5 articles =CP of 6 articles

SP of 1 articles =

5

6x

Clearly, since SP>CP, therefore there is profit

Profit %=

CP

SP−CP

×100

=

x

5

6

x−x

×100=

5

1

×100

=20%.