Question

Some articles were bought at 6 for $ 5 arid sold at 5 for $ 6. The gain per cent is

Answer 1

Step-by-step explanation:

C.p of 6 article = Rs.5

C.p of 1 article =5/6

S.p of 5 articles = Rs.6

S.p of 1 article = 6/5

C.p ( ) S.p

5/6 ( ) 6/5

Now we have to do cross multiplication.

So it is 5×5 ( ) 6 × 6

25 (<) 36

S.p is greater than c.p

So it is a profit.

Profit = s.p - c.p

= 6/5 -5/6

=36-25/30

=11/30

Gain % = 11×6/30×5 × 100

= 220/5

= 44%

So, the gain percent is 44%