Question

If selling price of 6 pencils is equal to the cost price of 5 pencils then what is the gain or loss percent?​

Answer 1

20% [Ans.]

Explanation:

Sp, C. P. / S. P. = 5/6. = 20% [Ans.]

Answer 2

Answer:

let cp of one pencil be x,

then selling price of 1 pencil = 5/6×x= 0.833x

loss % = cp- sp/cp× 100

= x-0.833x/x× 100

=0.1667×100

= 16.67%

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