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One-fifth of the cost price and one-sixth of the selling price are equal. Find the profit or loss percentage

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 Let the cp be x

Let the sp be y

x/5=y/6

y=6x/5

y>x It Means 

Sp>Cp = Profit


sp-cp*100/cp

6x/5-x/x*100

100/5 

=20%


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