If the gain is one-fifth of the selling

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Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

If the gain is one-fifth of the selling price, then the gain percentage is:

Options:

80%

20%

16%

25%

Correct Answer:

25%

Explanation:

According to the question,

One-fifth means = \(\frac{1}{5}\) = \(\frac{Profit}{Selling\;price}\)

Now the cost price = 5 - 1 = 4

So the profit% = 1 × \(\frac{100}{4}\) = 25%