toffees are bought at 2 for a rupees and sold at 5 for 3rs rupees find the gain or loss percent
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Rate of buying:
2 toffee bought for =1 rs
1 toffee bought for=1/2rs(C.P.)
Rate of selling:
5 toffee bought for=3rs
1 toffee bought for=3/5rs(S.P.)
SP>CP
so gain
Gain=SP-CP=3/5-1/2=(6-5)/10=1/10
GAIN%=Gain/CP*100={(1/10)/1/2}*100
=1/5*100
=20%
Therefore, 20% Gain
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Answer:
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