Question

by selling 100 toys, a dealer gains the selling price of 20 toys. find his gain percentage

Answer 1

Step-by-step explanation:

Let the selling price of one toy be rs. x

Then selling price of 100 tops = 100x

Similarly , selling price of 20 toys is

20x

A.T.Q.,

Dealer gains 20x

Cost price = 100x

Gain%= (Gain / C.P.) /100

= 20x / 100x × 100

= 20x/x

= 20

Therefore , Gain percentage is 20%

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