Question

A shopkeeper buys toffees at the rate of 10 toffees for ₹8 and sells at the rate of 8 toffees for ₹10 find his gain or loss per cent

Answer 1

Answer:

A shopkeeper buys toffees at the rate of 10 toffees for rupee's 8 and sells at the rate of 8 toffees for rupee's 10. His gain percent is 56.25%. SP is more than CP hence, profit occurred