Question

A retailer purchases 25 identical toys for a price Rs. P and sold some of them for Rs. p. if he calculated his profit as 8% with selling price as base instead of cost price then how many toys did he sell??

Answer 1

Answer:

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Answer 2

Step-by-step explanation:

Given A retailer purchases 25 identical toys for a price Rs. P and sold some of them for Rs. p. if he calculated his profit as 8% with selling price as base instead of cost price then how many toys did he sell?

• Given cost of 25 identical toys will be Rs P
• Therefore cost of one toy will be P / 25
• So percentage profit will be selling price – cost price / cost price
• So profit was 8% with selling price as base instead of cost price, so cost price to selling price.
•      So 8/100 = P – a P / 25 / P
•         8/100 = 25 P – a P / 25 P
•         2/25 = P (25 – a) / 25 P
•         25 – a = 2
•          25 – 2 = a
•         Or a = 23
• so he sold 23 toys.

Reference link will be

https://brainly.in/question/26640065