SP of 6 bananas is the same as the CP of 5 bananas find the gain or loss percent
Answers
Answered by
56
Let CP of a bananas be x
Cp of 6 bananas =6x
Sp of 5 bananas=6x
Therefore, sp›cp
Gain=sp-cp
6x-5x=x
Therefore, Gain%=(gain*100)/cp
Gain%=(x*100)/6x=100/6%
Cp of 6 bananas =6x
Sp of 5 bananas=6x
Therefore, sp›cp
Gain=sp-cp
6x-5x=x
Therefore, Gain%=(gain*100)/cp
Gain%=(x*100)/6x=100/6%
Answered by
70
Let the cost price of 1 banana be x
Find the selling price of 1 banana:
6 bananas = 5x
1 banana = 5/6 x
Find the profit / loss:
Since the cost price is greater than the selling price
⇒ It is a loss
Loss = Cost Price - Selling Price
Loss = x - 5/6 x
Loss = 1/6 x
Find the loss percentage :
Loss percentage = (Loss ÷ Cost Price ) x 100
Loss percentage = (1/6 x ÷ x ) x 100 = 16.67%
Answer: There is a loss of 16.67%
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