A shopkeeper buys some toffees at Rs.2.50 per toffies . At what price should he sell to gain profit 20%
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given,
CP of 1 toffee = 2.50
SP = 20% ( gain )
SP of toffee = CP × ( 100+GAIN % ) / 100
=> 2.50×120/100
=> 2.50×1.20
=> 3
hence the required SP for 1 toffee is 3 Rs .
CP of 1 toffee = 2.50
SP = 20% ( gain )
SP of toffee = CP × ( 100+GAIN % ) / 100
=> 2.50×120/100
=> 2.50×1.20
=> 3
hence the required SP for 1 toffee is 3 Rs .
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