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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 %.

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To solve the problem step-by-step, we will first determine the cost price (CP) and selling price (SP) of one article, and then calculate the profit or loss percentage. ### Step 1: Calculate the Cost Price (CP) of one article The person buys 6 articles for Rs. 5. \[ \text{Cost Price (CP) of 1 article} = \frac{\text{Total Cost}}{\text{Number of Articles}} = \frac{5}{6} \text{ Rs.} \] ### Step 2: Calculate the Selling Price (SP) of one article The person sells 5 articles for Rs. 6. \[ \text{Selling Price (SP) of 1 article} = \frac{\text{Total Selling Price}}{\text{Number of Articles}} = \frac{6}{5} \text{ Rs.} \] ### Step 3: Calculate the Profit or Loss To find the profit or loss, we subtract the cost price from the selling price. \[ \text{Profit} = \text{Selling Price} - \text{Cost Price} = \frac{6}{5} - \frac{5}{6} \] To perform this subtraction, we need a common denominator. The least common multiple of 5 and 6 is 30. \[ \frac{6}{5} = \frac{6 \times 6}{5 \times 6} = \frac{36}{30} \] \[ \frac{5}{6} = \frac{5 \times 5}{6 \times 5} = \frac{25}{30} \] Now we can subtract: \[ \text{Profit} = \frac{36}{30} - \frac{25}{30} = \frac{11}{30} \text{ Rs.} \] ### Step 4: Calculate the Profit Percentage Profit percentage is calculated using the formula: \[ \text{Profit Percentage} = \left(\frac{\text{Profit}}{\text{Cost Price}}\right) \times 100 \] Substituting the values we have: \[ \text{Profit Percentage} = \left(\frac{\frac{11}{30}}{\frac{5}{6}}\right) \times 100 \] To simplify this, we multiply by the reciprocal of the cost price: \[ = \left(\frac{11}{30} \times \frac{6}{5}\right) \times 100 = \left(\frac{66}{150}\right) \times 100 \] Now, simplifying \(\frac{66}{150}\): \[ = \frac{66 \div 6}{150 \div 6} = \frac{11}{25} \] Now, calculating the percentage: \[ = \frac{11}{25} \times 100 = 44\% \] ### Final Answer The profit percentage is **44%**. ---
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