Question

If cost price of 6 pencil is equal to the selling price of 5 pencil find the percentage gain

Answer 1

Answer:

C. P. Of 6 pencils = S. P. Of 5 pencils

Sp, C. P. / S. P. = 5/6.

Let S. P. Be Rs. 6x

And, C. P. Be Rs. 5x

Gain = Rs. (6x-5x) = Rs. x

Gain% = {(Gain/C. P.)×100%}

= {(x/5x)×100%}

= 20% [Ans.]