A bought 5 pencils for Rs.4 and sells 4 pencils for Rs.4. The gain per cent in the transaction is
A). 8 %
B). 12 %
C). 16 %
D). 20 %
20 %
Out of 5 pencils the profit is 1 pencil;'
So, the gain per cent = 1 × 100/5 = 20%
5. The ratio of the C.P. and S.P. of an article Is 20 : 21. What is the gain per cent
6. A man buys 10 oranges for a rupee and sells 8 oranges for a rupee. What is the profit percentage?
10. The cost price of 8 pens is equal to selling price of 6 pens. What is the profit/loss percent?