Question

If the cost price of 6 pencils is equal to the selling price of 5 pencils, then find the gain or loss percent.

Answer 1

Answer:

As we know that

SP=CP+gain

Given 6 times CP is equal to 5 times SP

⟹6CP=5SP

⟹6CP=5(CP+gain)

⟹6CP=5CP+5gain

⟹CP=5 gain

⟹gain=

5

1

×CP=

100

20

×CP

Gain percent is 20%

Step-by-step explanation:

mark me the brainliest