A man bought toffees at 3 for a rupee.How many for a rupee must je sell to gain 50%?
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Answer:
Cost Price of 1 toffee= ₹3
Gain= 50%
Selling Price of 1 toffee= 100+P%/100*CP
=100+50/100*3
=150/100*3
=9/2
=4.5Rs
Therefore,If he want 50%profit then he have to sell sell it of ₹4.5
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