One-fifth of the cost price and one-sixth of the selling price are equal. Find the profit or loss percentage
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% Related Searches #profitandloss #profit #loss #