Question

Some article were bought at 6 for rs 5 and sold at 5 for rs 6.Find profit%

Answer 1

Answer:

Profit=44%

Step-by-step explanation:

Purchase price of 6  articles =Rs 5

Purchase price of 1  article=Rs 5/6

sale price for 5 articles= Rs 6

Sale price of  1 article=Rs 6/5

So % profit=(Sale price of  1 article-Purchase price of 1  article)/Purchase price of 1  article*100

=(6/5-5/6)/(5/6)×100

=(36-25)/30×6/5)×100

=11/30×6/5×100

=(11×6×100)/(30×5)

=6600/150

=44%