if the selling price of five pens is equal to the cost price of four pens then the gain or loss% is=?
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Gain percent = (Gain / C.P) × 100
How much did you gain by selling 5 pens? You gained the actual C.P of one of the pens.
So, your gain = C.P. of 1 pen
So, gain percent = (C.P/4×C.P)×100 = 25%
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