Question

a man bought 10 toy rate 40 and sold 8 for 35,what is gain percentage

Answer 1

Answer:

9.4 percentage profit

Answer 2

Answer:

Since, C.P. of 10 toy = 40

So, C.P. of 1 toy. = 40/10=4

Now, S.P. of 8 toy = 35

S.P. of 1 toy = 35/8=4.375

Profit = SP - CP = 4.375 - 4= 0.375

Now, Profit℅ = profit/CP X 100

= 0.375/4 X 100 = 9.4℅