Question

a man buys toffees at 10 for 3 rupees and sells them at 8 for 3
rupees find the gain percent

Answer 1

Answer:

Step-by-step explanation:

CP of 10 toffees =Rs. 3

CP of 1 toffee =10/3

=Rs. 3.33

SP of 8 toffees =Rs. 3

SP of 1 toffee =8/3

=Rs. 2.66

Since SP <CP, therefore Loss

Loss = CP-SP

=3.33-2.66

=Rs. 0.67

Loss % =Loss/CP×100

=0.67/3.33×100

=20.12%

Answer 2

Answer:

25 %

Step-by-step explanation:

10 toffees = Rs. 3

1 toffee = 3 ÷ 10

            = Rs 0.30

8 toffees = Rs 3

1 toffee = 3 ÷ 8

            = Rs 0.375

Gain = Selling Price - Cost Price

Gain = 0.375 - 0.3

        = Rs 0.075

Gain Percentage = gain/cost price x 100

Gain Percentage = 0.075/0.3 x 100

                            = 25%

∴The gain is = 25%