Some products were purchased for Rs. 5 per article and sold for Rs. 6 per article. The gain percentage is:
A. 30%
B. 33 1/3%
C. 35%
D. 44%
Answer:D
Some products were purchased for Rs. 5 per article and sold for Rs. 6 per article. The gain percentage is:
A. 30% B. 33 1/3% C. 35% D. 44%
Explanation: Assume that the number of products purchased = L.C.M. of 6 and 5 = 30. C.P. of 30 articles = Rs. 5/6 x 30 = Rs. 25. S.P. of 30 articles = Rs. 6/5 x 30 = Rs. 36. Gain percent = 11/25 x 100% = 44%.