Some Toffees Are Bought At A Rate Of 11 For Rs.10 And The Same Number

1.	Some Toffees Are Bought At A Rate Of 11 For Rs.10 And The Same Number At The Rate Of 9 For Rs.10. If The Whole Lot Is Sold At One Per Toffee, Find The Gain Or Loss Percent On The Whole Transaction.
Answer» LET the total number of toffees bought be RS. X Let x2 at the rate of 11 are bought for Rs.10, Total money spent on toffees = 200x198 = 100x99 It is given that x toffees are sold at Re.1 per toffee. Therefore, the selling price of x toffees = Rs. x(1) As C.P is more than S.P, it will be the loss. Loss= C.P-S.P = 100x99 – x = x99 Loss% = 1% The total loss on the WHOLE transaction would be 1% Let the total number of toffees bought be Rs. x Let x2 at the rate of 11 are bought for Rs.10, Total money spent on toffees = 200x198 = 100x99 It is given that x toffees are sold at Re.1 per toffee. Therefore, the selling price of x toffees = Rs. x(1) As C.P is more than S.P, it will be the loss. Loss= C.P-S.P = 100x99 – x = x99 Loss% = 1% The total loss on the whole transaction would be 1%

Some Toffees Are Bought At A Rate Of 11 For Rs.10 And The Same Number At The Rate Of 9 For Rs.10. If The Whole Lot Is Sold At One Per Toffee, Find The Gain Or Loss Percent On The Whole Transaction.

Answer»

LET the total number of toffees bought be RS. X

Let x2 at the rate of 11 are bought for Rs.10,

Total money spent on toffees = 200x198

= 100x99

It is given that x toffees are sold at Re.1 per toffee.

Therefore, the selling price of x toffees = Rs. x(1)

As C.P is more than S.P, it will be the loss.

Loss= C.P-S.P

= 100x99 – x

= x99

Loss% = 1%

The total loss on the WHOLE transaction would be 1%

Let the total number of toffees bought be Rs. x