Question

Some articles were bought at 6 for rupees 5 and sold at 5 for rupees 6. find the gain percent

Answer 1

44% is the answer

6 Article price at buying =5 Rs

1 Article price at buying = 5/6...(i)

5 Articles sold at Rs. 6

1 Articles cost at sold = 6/5 ....(ii)

% Gain=((6/5 - 5/6)/ 5/6) * 100

= 11/25 * 100 = 44%

Profit is a general increase in an asset or the value of an asset. If the item's current price is higher than the original purchase price, you will make a profit. For accounting and tax purposes, profits can be categorized in several ways: B. Gross profit and net profit, or realized profit and unrealized (paper) profit.

The definition of victory is profit, benefit, or increase. An example of profit is a 5% increase in income over the past year. An example of a win is a 5 point lead over another team.

Learn about profit here:brainly.com/question/933169

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