• Numerical Ability - Profit & Loss
Question

Some articles were bought at 6 articles for Rs. 5 and sold at 5 articles for Rs. 6. Gain percent is:

  • A) 33.33%
  • B) 66.66%
  • C) 44%
  • D) 50%
  • E) None of these
Solution

Ans.C

Lcm of 5&6 =30
Cost price of 30 articles= 5/6*30 = 25
Selling Price of 30 articles = 6/5*30 =36
% profit = (36-25)/25*100= 44% 

Ans.C

Lcm of 5&6 =30
Cost price of 30 articles= 5/6*30 = 25
Selling Price of 30 articles = 6/5*30 =36
% profit = (36-25)/25*100= 44% 
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