A shop keeper loses 20% on selling 12 toffees for a rupee . how many toffees for a ruppee should he sell to get a gain of 20%
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Answer:
Step-by-step explanation:
Selling price of 1 toffee= Rs1/12
Loss=20/100=(CP- SP)/CP
CP=Rs 5/48
Cost price of x toffees= 5x/48
Profit = 20/100= (SP-CP)/CP
1/5⋅5 x/48 =SP−5x48
SP=x/8
No. of toffees should be sold in a rupee= 8 toffees.
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