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