Question

If ratio of the cost price and selling price of an article is 5:6 ,find the gain percent is

Answer 1

let the CP if article be X
SP=6x/5
Profit=SP-CP
=6x/5-x
=x/5
Profit%= profit/CP*100
=(x/5)x*100
Ans=20%



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Answer 2

Answer:

Gain Percentage = 20%

Step-by-step explanation:

The ratio of cost of price and selling price of an article is 5 : 6

Let the cost price of an article be 5x and the selling price of an article be 6x

We need to find the gain percentage of the article.

Now, Gain = Selling price - Cost price

⇒ Gain = 6x - 5x

⇒ Gain = x

Now, Gain percentage = x/5x × 100

                                       = 1/5 × 100

                                       = 20%

Thus, Gain Percentage = 20%