Question

The ratio of C.P to S.P is 5:6. what is the gain percent?

Answer 1

Given,

If the ratio of the cost price and selling price of an article is 5 : 6,

C.P : S.P = 5 : 6

C.P / S.P = 5/6

S.P / C.P = 6/5

Profit percentage =

= [(S.P - C.P) / C.P] × 100

= [(S.P/C.P) - 1] × 100

= [(6/5) - 1] × 100

= (1/5) × 100

= 20

∴ The profit percentage is 20%.

Hope it helps

Answer 2

Answer:

The gain percent will be 20%.

Step-by-step explanation:

In context to the question asked,

We have to find the gain percent,

As per data given in the question,

Given the ratio of C.P to S.P is $5:6.$

Let the $C.P = Rs. 5x$

And $S.P = Rs. 6x$

Then, Profit = S.P - C.P

                   = $6x - 5x$

         Profit = $x$

For calculating profit %,

The formula to be used:-  

$Profit \%= \frac{Profit}{CP}\times 100$

Plug the values in the formula,

$=> \frac{x}{5x}\times 100$

$=> 20\%$

Hence, the required gain percent is 20%.