Home
Class 14
MATHS
A person bought some articles at rate of...

A person bought some articles at rate of 6 for Rs 5 and sold them at the rate of 5 for Rs 6. Find the profit or loss percent?

Text Solution

AI Generated Solution

The correct Answer is:
To find the profit or loss percentage for the given question, we will follow these steps: ### Step 1: Determine the Cost Price (CP) of one article The person bought 6 articles for Rs 5. To find the cost price of one article: \[ \text{CP of 1 article} = \frac{5 \text{ Rs}}{6} = \frac{5}{6} \text{ Rs} \] ### Step 2: Determine the Selling Price (SP) of one article The person sold 5 articles for Rs 6. To find the selling price of one article: \[ \text{SP of 1 article} = \frac{6 \text{ Rs}}{5} = \frac{6}{5} \text{ Rs} \] ### Step 3: Calculate the Profit or Loss Now we will compare the selling price and cost price to determine profit or loss. - Cost Price (CP) of 1 article = \( \frac{5}{6} \) Rs - Selling Price (SP) of 1 article = \( \frac{6}{5} \) Rs To find the profit: \[ \text{Profit} = \text{SP} - \text{CP} = \frac{6}{5} - \frac{5}{6} \] ### Step 4: Find a common denominator and calculate the profit The common denominator of 5 and 6 is 30. Converting both fractions: \[ \frac{6}{5} = \frac{36}{30} \quad \text{and} \quad \frac{5}{6} = \frac{25}{30} \] Now, substituting back: \[ \text{Profit} = \frac{36}{30} - \frac{25}{30} = \frac{11}{30} \text{ Rs} \] ### Step 5: Calculate the Profit Percentage The profit percentage is calculated using the formula: \[ \text{Profit Percentage} = \left( \frac{\text{Profit}}{\text{CP}} \right) \times 100 \] Substituting the values: \[ \text{Profit Percentage} = \left( \frac{\frac{11}{30}}{\frac{5}{6}} \right) \times 100 \] ### Step 6: Simplify the calculation To simplify: \[ \frac{\frac{11}{30}}{\frac{5}{6}} = \frac{11}{30} \times \frac{6}{5} = \frac{66}{150} \] Now calculating the percentage: \[ \text{Profit Percentage} = \frac{66}{150} \times 100 = 44\% \] ### Conclusion The profit percentage is **44%**. ---
Promotional Banner

Topper's Solved these Questions

  • PROFIT & LOSS

    ADVANCED MATHS BY ABHINAY MATHS ENGLISH|Exercise Questions|200 Videos
  • PIPE & CISTERN

    ADVANCED MATHS BY ABHINAY MATHS ENGLISH|Exercise QUESTIONS|40 Videos
  • QUADRILATERAL

    ADVANCED MATHS BY ABHINAY MATHS ENGLISH|Exercise EXERCISE|48 Videos

Similar Questions

Explore conceptually related problems

A person bought some article at rate of 36 for Rs 189 and sold them at the rate of 45 for Rs 189. Find the profit or loss percent ?

A person bought some articles at rate of 11 for Rs 10 and sold them at the rate of 10 for Rs 11 Find the profit/loss percent?

A person bought some caps at rate of 60 for Rs 93 and sold them at the rate of 50 for Rs 93.Find the profit or loss percent?

A person bought some article at rate of 36 for Rs 189 and sold them at the rate of 45 for Rs 189. Find the profit or loss %.

A person bought some caps at rate of 60 for Rs 93 and sold them at the rate of 50 for Rs 93.Find the profit or loss %.

A person bought some caps at rate of 27 for Rs 102 and sold them at the rate of 8 for Rs 34. Find the profit or loss percent ?

A person bought some articles at rate of 11 for Rs 10 and sold them at the rate of 10 for Rs 11 Find the profit/loss %.

A person bought some caps at rate of 27 for Rs 102 and sold them at the rate of 8 for Rs 34. Find the profit or loss %.

A person bought some article at rate of 6 for Rs 20 and bought same number of articles at the rate of 8 for Rs 25. And sold all the stock at the rate of 8 for Rs 31. Find the profit or loss% ?

ADVANCED MATHS BY ABHINAY MATHS ENGLISH-PROFIT & LOSS-Questions
  1. A person bought some articles at rate of 6 for Rs 5 and sold them at t...

    Text Solution

    |

  2. On selling an article for Rs. 1470 a man gets profit of 22.5%. Find th...

    Text Solution

    |

  3. On selling an article for Rs. 155 a man bears loss of 16(2)/(3)%. Find...

    Text Solution

    |

  4. In selling an article for Rs. 76, there is a profit of 52%. If it is s...

    Text Solution

    |

  5. If books bought at price from Rs. 150 to Rs. 300 are sold at prices ra...

    Text Solution

    |

  6. Loss incurred by selling an article for Rs 600 is equal to profit gain...

    Text Solution

    |

  7. Loss incurred by selling an article for Rs 550 is equal to half of the...

    Text Solution

    |

  8. The profit earned when an article is sold for Rs. 800 is 20 times the ...

    Text Solution

    |

  9. Loss incurred by selling an article for Rs 800 is 23% more than profit...

    Text Solution

    |

  10. Ratio of Loss incurred by selling an article for Rs 820 and profit gai...

    Text Solution

    |

  11. The ratio of cost price and selling price is 5 : 4, the loss percent i...

    Text Solution

    |

  12. The selling price of an article is 8/5 th of its cost price. Then the ...

    Text Solution

    |

  13. Selling price of 25 articles is equal to cost price of 20 articles. Fi...

    Text Solution

    |

  14. If the cost price of 25 articles is equal to the selling price of 35 a...

    Text Solution

    |

  15. If the total cost of 73 articles having equal cost is Rs 5, 110 and th...

    Text Solution

    |

  16. On selling 23 articles a person gains profit equal to selling price of...

    Text Solution

    |

  17. On selling 25 articles a person incurred loss equal to cost price of 5...

    Text Solution

    |

  18. On selling 17 articles for Rs 720 a person incurred loss equal to cost...

    Text Solution

    |

  19. Cost price of 19 articles is Rs 625. By selling these articles A perso...

    Text Solution

    |

  20. The cost price of 16 apples is equal to the selling price of 10 apples...

    Text Solution

    |

  21. A person bought some articles at rate of 11 for Rs 10 and sold them at...

    Text Solution

    |