1.

A man buys toffees at 10 for ₹3 and sells them at 8 for ₹ 3, find his gain percent.

Answer»

CP of 10 toffees =Rs. 3CP of 1 toffee =10/3=Rs. 3.33SP of 8 toffees =Rs. 3SP of 1 toffee =8/3 =Rs. 2.66Since SP <CP, therefore LossLoss = CP-SP=3.33-2.66=Rs. 0.67Loss % =Loss/CP×100=0.67/3.33×100=20.12%



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