Question

If the cost price of 4 toffees be equal to the selling price of 3 toffees then the gain %is

Answer 1

Cost price of 4 toffee = SP of 3 toffee

Let CP of 1 toffee = Re 1

Then CP of 4 toffee = Rs 4 = SP of 3 toffee

SP of 3 toffee = Rs 4

CP of 3 toffee = Rs 3

Profit = SP - CP = 4-3 = 1

Profit % = 1/3 * 100 = 33.33 %

Answer 2

Given:

The cost price of 4 toffees is equal to the selling price of 3 toffees.

To find:

The gain percent.

Solution:

The gain percent is 33.33%.

To answer this question, we will follow the following steps:

As given in the question, we have,

The cost price of 4 toffees = the selling price of 3 toffees.

Let the cost price of one toffee be x units.

So,

The cost price of 3 toffees = 3x units

and

The selling price of 3 toffees = 4x units

Gain

= Selling Price - Cost Price

= (4x - 3x) units

= x units

So,

gain percent

$= \frac{gain}{cost \: price} \times 100$

$= \frac{x}{3x} \times 100$

$= \frac{1}{3} \times 100$

$= 33.33\%$

Hence, the gain percent is 33.33%.