toffees are bought at 15 for rupees 20 how many toffee would be sold of rupees 20 so as to gain 25%
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Hlw mate!!
15 Toffees are bought at Rs. 20 ====> CP of 1 Toffee = 4/3
Let us assume that X toffees are to be sold for Rs. 20
Toffees are to be sold at Rs 20 at profit % = 25% ===> Selling Price (SP) = 20
This means SP = CP + 25%CP ===> 20 =1.25* CP===> 20/1.25 = CP= Rs. 16.
This is the cost of X Toffees.
Now the CP of 1 toffee is 4/3 and CP of X = 16 =====> X * 4/3 = 16 ====> X = 16*3/4 = 12
Therefore 12 Toffees must be sold at Rs 20
Hope it helpful
15 Toffees are bought at Rs. 20 ====> CP of 1 Toffee = 4/3
Let us assume that X toffees are to be sold for Rs. 20
Toffees are to be sold at Rs 20 at profit % = 25% ===> Selling Price (SP) = 20
This means SP = CP + 25%CP ===> 20 =1.25* CP===> 20/1.25 = CP= Rs. 16.
This is the cost of X Toffees.
Now the CP of 1 toffee is 4/3 and CP of X = 16 =====> X * 4/3 = 16 ====> X = 16*3/4 = 12
Therefore 12 Toffees must be sold at Rs 20
Hope it helpful
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