Question

The ratio of the cost price and selling price of an article is 20:21. Find the gain percent.

Answer 1

Answer:

c.p=20x

sp=21x

Gain=21x-20x=x

Gain%= Xx100/20x=5%

Answer 2

Answer:

x = 5%

Step-by-step explanation:

Let the C.P. and S.P. be x

C.P. of article = 20x

S.P. ,, ,, = 21x.

Profit = 21x - 20x = 1x

Therefore, Profit% = (Gain × 100/ C.P.)

→ x × 100/ 20x = 5%

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