Question

Some article were bought at 6 for rs.5 and sold at 5 for rs.6. gain percent is

Answer 1

Cost price = $\frac{5}{6}$ per piece
Selling price = $\frac{6}{5}$ per piece
Profit or gain = selling price - cost price
= $\frac{6}{5}$ - $\frac{5}{6}$ = 0.3667
Gain percent = $\frac{gain}{cost price}*100$= 36.67%