on selling hundred pencils a man gains the selling price of 20 princess his gain percentage is equal
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Step-by-step explanation:
Let the S.P. of one pencil = ₹1
S.P of 20 pencils= ₹ 20
Gain = S.P of 20 pencils = ₹20(given)
S.P of 100 pencils = ₹ 100
C.P of 100 pencils = S.P - profit
= 100 - 20= 80
C.P of 100 pencils = ₹ 80
Gain % = (gain / C.P)×100
Gain % =( 20/80)×100
Gain % = 2000/80= 200/8= 50/2= 25%
Hence, the gain% = 25%
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