If the ratio of CP and SP is 5:6, find gain%
Answers
Answered by
4
Answer:
20%
Step-by-step explanation:
profit= 6-5
=1
gain%= 1/5 ×100
20%
Answered by
4
Answer:
20%
Step-by-step explanation:
Let the CP and SP be 5x and 6x respectively.
Profit
= SP - CP
= 6x - 5x
= x
Profit% = Profit /CP × 100
x/ 5x × 100
1/5 × 100
20%
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