some toffes are bought at the rate of 6 for a rupee and sold at 5 for arupee . find the gain percent
Answers
Answered by
0
Answer:
CP of six toffees = Rs 1
CP of one toffee = Rs 1/6 ----- (1)
SP of 5 toffees = Rs 1
SP of 1 toffee = Rs 1/5 ---- (2)
Comparing (1) and (2)
Taking LCM = 30
1/6 and 1/5 become 5 and 6 in the numerator
Since CP (5) less than SP (6), we conclude that the transaction is profit.
Actual profit = 6-5 = 1
Profit percentage = profit X 100/CP
= 1 X 100/5 = 20%
Ans: 20%
Answered by
0
Answer:
20% easy but actually it is loss % not gain% because CP>SP
Step-by-step explanation:
Like this I found this answer
Loss=CP-SP
=6-5=1
1/100×5=1/20=20%
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