A man bought some toys at the rate of 10 for Rs.40 and sold them at 8 for Rs.35. Find his gain or loss percent.
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Answer:
gain percent = 9.75%
Step-by-step explanation:
cost price (cp)
10toys for Rs 40
1 toy = 40/10 = 4 rupees
selling price (sp)
8 toys for rupees 35
1 toy = 35/8
selling price/ cost price= 35/4×8 = 35/32
profit 3 ka hua 32 p so 3×100/32 = 9.75
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