Question

The cost price of 5pens is equal to the selling price of 6 pens then find the gain or lose percent

Answer 1

Answer: 16 2/3% or 16.667% loss

Step-by-step explanation:

Let Cost of 1 pen = Re. 1

Cost of 5 pens = Rs. 5

Selling Price of 6 pens = Cost of 5 pens = Rs. 5

Cost of 6 pens = Rs. 6

C.P = 6     S.P = 5      Loss = C.P - S.P = Re.1

Loss % = Loss/C.P * 100 = 1/6 * 100 = 100/6 = 16 2/3% or 16.667% loss

ALTERNATE:

5 C.P = 6 S.P

C.P/S.P = 6/5

C.P : S.P = 6 : 5

Loss = 1

Loss% = 1/6 * 100 = 16 2/3% or 16.667%