1. Manish gains 20% by selling 10 toffees for a rupee. How many did he buy for a rupee ?
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sp of 1 toffee = ₹1
sp of 10 toffee = ₹10
cp = 100/ 100+gain% × sp
= 100/100+20 × 10
= 100 / 120 × 10
cp = ₹8.3(approx)
₹8.3 = 10 toffee
1 toffee = 8.3/10
1toffee = ₹0.83
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