A vendor bought 9 sweets for rupees one.At what rate should he sell it to gain 80%
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The selling price is Rs.0.2.
Given : A vendor bought 9 sweets for one Rupees.
To find : At what rate should he sell it to gain 80% ?
Solution:
The cost of 9 sweets is Rs.1
The cost of 1 sweets is Rs 1/9
The gain percent is 80%.
★ The SP of 1 sweet is,
SP= 100+G%/100×CP
SP=100+80/100×1/9
SP=180/100×1/9
SP= 0.2
Therefore, The selling price is Rs.0.2.
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