Question

A man bought some toffee 3 for an ruppee and at an equal no. 4 for an ruppee . he then mixed all and sold all at 7 for rs 2 . find profit or loss percent. ​

Answer 1

Step-by-step explanation:

Let the Number of Toffees bought by the Man be : 12

Given : The Man bought 6 Toffees at the rate of 3 Toffees per One Rupee

⇒ The Man spent 2 Rupees to get 6 Toffees

Given : The Man bought other 6 Toffees at the rate of 2 Toffees per One Rupee

⇒ The Man spent 3 Rupees to get other 6 Toffees

⇒ Total Money spent by the Man on 12 Toffees is : (3 + 2) = 5 Rupees

⇒ Cost Price for 12 Toffees is 5 Rupees

Now, He Mixes all the Toffees and sold 3 Toffees for 2 Rupees

⇒ He sold the 12 Toffees he bought for 8 Rupees

⇒ Selling Price for 12 Toffees is 8 Rupees

It is Clear that, He is in Profit

We know that Profit Percentage is given by :

✿  Profit\;Percentage = (\frac{Selling\;Price - Cost\;Price}{Cost\;Price}) \times 100ProfitPercentage=(CostPriceSellingPrice−CostPrice)×100

\implies Profit\;Percentage = (\frac{8 - 5}{5}) \times 100⟹ProfitPercentage=(58−5)×100

\begin{gathered}\implies Profit\;Percentage = (\frac{3}{5}) \times 100\\\\\implies Profit\;Percentage = (3 \times 20) = 60\end{gathered}⟹ProfitPercentage=(53)×100⟹ProfitPercentage=(3×20)=60