sundar gains 40% by selling 20 chocolates for RS 1 .how many did he buy for RS 1
Answers
For 1 rupee he bought 20/12 chocolates.
Given:
Sundar gains 40% by selling 20 chocolates for RS 1
To Find:
how many did he buy for RS 1
Solution:
If Sundar sells 20 chocolates for 1 rupee then he will get 20 rupees
Profit percentage = 40%
It means that 40% of 20 = profit
profit = 0.4 * 20 = 8 rupees
If the profit is 8 rupees then the actual price at which he bought those chocolates is 20 - 8 = 12 rupees
Sundar bought 20 chocolates for 12 rupees
For 1 rupee he bought 20/12 chocolates
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He bought 1.66 chocolates for Rs 1.
GIVEN:- Sundar gains 40% by selling 20 chocolates for Rs 1
TO FIND:- how many did he buy for RS 1
SOLUTION:-
According to the question,
He sold 20 chocolate for Rs 1 each
Thus, the Selling Price = Rs 20
He got 40% profit from Rs 20 chocolates
Profit = 40℅ of 20
Profit = 8
S.P = 20
Cost price = S.P - Profit = 20 - 8 = 12
The number of chocolates he bought for Rs 1 = S.P/C.P = 20/12 = 1.66
Hence, he bought 1.66 chocolates for Rs 1.
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