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If the selling price of 4 mango is equal to cost price of 5 mangoes find the gain or loss percent?
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Understanding the Problem
The problem states that the selling price of 4 mangoes is equal to the cost price of 5 mangoes. We need to find the gain or loss percentage.
Let’s Define Variables
- Let the cost price (CP) of 1 mango = x
- Therefore, the cost price of 5 mangoes = 5x
- The selling price (SP) of 4 mangoes = 5x
Calculate Selling Price of 1 Mango
- Selling price of 1 mango = Total SP of 4 mangoes / 4
- SP of 1 mango = 5x / 4 = 1.25x
Determine Gain or Loss
- Gain or Loss = SP - CP
- Gain = SP - CP = 1.25x - x = 0.25x
Calculate Gain Percentage
- Gain Percentage = (Gain / CP) * 100
- Gain Percentage = (0.25x / x) * 100 = 25%
Conclusion
- The gain percentage is 25%.
This means that if you sell 4 mangoes for the price of 5 mangoes, you make a profit of 25% on each mango sold. Understanding these calculations helps in better financial decisions in buying and selling fruits or any other goods.
The problem states that the selling price of 4 mangoes is equal to the cost price of 5 mangoes. We need to find the gain or loss percentage.
Let’s Define Variables
- Let the cost price (CP) of 1 mango = x
- Therefore, the cost price of 5 mangoes = 5x
- The selling price (SP) of 4 mangoes = 5x
Calculate Selling Price of 1 Mango
- Selling price of 1 mango = Total SP of 4 mangoes / 4
- SP of 1 mango = 5x / 4 = 1.25x
Determine Gain or Loss
- Gain or Loss = SP - CP
- Gain = SP - CP = 1.25x - x = 0.25x
Calculate Gain Percentage
- Gain Percentage = (Gain / CP) * 100
- Gain Percentage = (0.25x / x) * 100 = 25%
Conclusion
- The gain percentage is 25%.
This means that if you sell 4 mangoes for the price of 5 mangoes, you make a profit of 25% on each mango sold. Understanding these calculations helps in better financial decisions in buying and selling fruits or any other goods.
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If the selling price of 4 mango is equal to cost price of 5 mangoes find the gain or loss percent?
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If the selling price of 4 mango is equal to cost price of 5 mangoes find the gain or loss percent? for Class 6 2024 is part of Class 6 preparation. The Question and answers have been prepared according to the Class 6 exam syllabus. Information about If the selling price of 4 mango is equal to cost price of 5 mangoes find the gain or loss percent? covers all topics & solutions for Class 6 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for If the selling price of 4 mango is equal to cost price of 5 mangoes find the gain or loss percent?.
If the selling price of 4 mango is equal to cost price of 5 mangoes find the gain or loss percent? for Class 6 2024 is part of Class 6 preparation. The Question and answers have been prepared according to the Class 6 exam syllabus. Information about If the selling price of 4 mango is equal to cost price of 5 mangoes find the gain or loss percent? covers all topics & solutions for Class 6 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for If the selling price of 4 mango is equal to cost price of 5 mangoes find the gain or loss percent?.
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