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If the ratio of cost price and the selling price is 5 : 6, the gain percent is
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- 20%
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33 1 % 3 - 25%
- 30%
Correct Option: A
The ratio of cost price and the selling price = 5 : 6
Let the cost price = 5k and the selling price = 6k.
Gain = selling price - cost price = 6k - 5k = k
Gain % = | × 100 | cost price |
Gain % = | × 100 = 20% | 5k |