Find the Gain Percent

Pens are bought at 5 for Rs. 4 and sold at 4 for Rs 5. Find the gain percent

  1. 55%
  2. 45.26%
  3. 56.25%
  4. 60%

 

Anurag Mishra Professor Asked on 28th July 2015 in Maths.
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1 Answer(s)
Best answer

Answer: (3) 56.25 %
Explanation:-
Pens are bought at 5 for Rs. 4.
Then, the cost price of 1 pen = 4/5

He sold at 4 pens for Rs.5,
Then, the selling price of 1 pen = 5/4

Profit = 5/4 – 4/5
= (25  – 16)/20
= 9/20
Profit % = 9 x 100 x 5/20 x 4
= 9 x 5 x 5/4
= 225/4
= 56.25 %
Hence, the answer is (3) 56.25 %.

Anurag Mishra Professor Answered on 28th July 2015.
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