Question 65

If the ratio of the cost price and selling price of an article is 5 : 6, then what will be the profit percentage?

Solution

Let C.P. = Rs. 5 and S.P. = Rs. 6

$$\therefore$$ Profit % = $$\frac{(S.P.-C.P.)}{C.P.}\times100$$

= $$\frac{(6-5)}{5}\times100$$

= $$\frac{100}{5}=20\%$$

=> Ans - (D)

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