Question

If the cost price of 6 pencils is equal to selling price of 5 pencils, then the gain percent is​

Answer 1

If the cost price of 6 pencils is equal to selling price of 5 pencils, then the gain percent is ?

Answer : 3.33 %

Step by step explanation :

Let the Cost price of 1 pencil be (x/6)

Now, Selling price of 5 pencils = Selling price of 1 pencil = (x/5)

Here,

S.P > C.P

So, Gain = S.P - C.P

= x/5 - x/6

= 6x - 5x / 30

= x / 30

Now,

Gain % = gain /( CP ) × 100

= (x/ 30x) × 100

= 100/30

= 3.33 %

Hence,

The gain percent is 3.33.