Question

Ravi buys some toffees at 5for a rupee and sells them at 2 for a rupee. His gain percent is

Answer 1

Answer:

Step-by-step explanation:

Cost price of 5 toffees =1 Rs

C.P of 1 toffee=1/5 Rs

S.P of 2 toffees =1 Rs

S.P of 1 toffee =1/21st

Gain=(1/2_1/5)Rs

=[(5-2)/10]Rs=3/10 Rs

Gain Percent

= (3/10÷1/5×100)%

= (3/10×5×100)%

=150%