man buys toy at 10 for rupees 3 and sell them at 8 for rupees 3 find his gain percent
Answers
Answer:
The required gain is 25%
Step-by-step explanation:
Given,
cost price(cp) of 10 toys= rupees 3
cost price(cp)of 1 toy=rupees 3/10
selling price(sp) of 8 toys=rupees 3
selling price (sp) of 1 toy=rupees 3/8
Since sp>cp
there is a gain
gain=sp-cp
=3/8-3/10
=rupees 3/40
gain percent=(gain/cp)*100%
=(3/40*10/3)*100%
=25%
Answer:
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Step-by-step explanation:
Given,
cost price(cp) of 10 toys= rupees 3
cost price(cp)of 1 toy=rupees 3/10
selling price(sp) of 8 toys=rupees 3
selling price (sp) of 1 toy=rupees 3/8
Since sp>cp
there is a gain
gain=sp-cp
=3/8-3/10
=rupees 3/40
gain percent=(gain/cp)*100%
=(3/40*10/3)*100%
=25%