Question

Rinki bought 5 pencils for Rs 4 and sells 4 pencils for Rs 5 . The gain percent is?

Answer 1

CP of 1pencil = 4/5 =0.8 rs
SP of 1 pencil = 5/4 = 1.25rs

Gain % = (SP-CP/CP )x100
            =(0.45/0.8)x100
            =56.25 %

Answer 2

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