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    Question

    The ratio of the C.P. and S.P. of an article is 16 : 17.

    What is the Gain percent?
    A 5% Correct Answer Incorrect Answer
    B 5.5% Correct Answer Incorrect Answer
    C 6% Correct Answer Incorrect Answer
    D 6.25% Correct Answer Incorrect Answer

    Solution

    CP and SP =16:17 CP =16x and SP =17x Profit =17x-16x =x Profit Percentage =x/16x ×100 =100/16 =25/4 =6(1/4)%. =6.25%

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