toffees are bought at 6 for a rupee and sold at 4 for a rupee find the gain or loss%
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Answer:
The correct answer is 50% profit.
Step-by-step explanation:
Buying price=1/6
Selling price=1/4
Profit=(1/4 – 1/6)÷1/6 ×100%=50%
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Answered by
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Step-by-step explanation:
Cost price of 6 chocolates =100 paise
Cost price of 1 chocolate = 100/6 paise
Selling price of 4 chocolates =100 paise
Selling price of 1 chocolate = 100/4 paise
Profit = 100/4 -100/6= 100/12=25/3 paise
Therefore, profit %= profit/cp×100
= 25/3 ÷100×100
= 25/3×1/100×100
= 25/3 % or eight one by three %
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