if the selling price of 5 articles is equal to the cost price of 6articles, find the profit or loss per cent
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Step-by-step explanation:
Let the cost price be x
SP of 5 articles =CP of 6 articles
SP of 1 articles = 6x/5
Clearly, since SP>CP, therefore there is profit
Profit %= SP−CP/CP x 100
=
6/5 x−x ×100
= 1/5 ×100
=20%.
Hope it helps☺☺
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