Question

Toffees are bought at 2 for a rupee and sold at 5 for 3. Find the gain or loss per cent.

Answer 1

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$\bold{\implies}$Given :

Toffees are bought at 2 for a Rupee and sold at 5 for ₹ 3.

To find :

Gain or Loss percentage.

Solution :

Finding the CP of 1 toffee :-

2 toffees = ₹ 1

1 toffee = 1/2 = ₹ 0.5

Finding the SP of 1 toffee :-

5 toffees = ₹ 3

1 toffee = 3/5 = ₹ 0.6.

CP = ₹ 0.5 and SP = ₹ 0.6

SP is more so Gain occurred.

Finding the Gain :-

Gain = SP - CP

Gain = 0.6 - 0.5

Gain = 0.1.

Finding Gain Percentage :-

Gain percentage = (Gain/CP) x 100

Gain Percentage = (0.1/0.5) x 100

Gain Percentage = 20 %

Hence, Gain Percentage = 20%

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