Question

Toffees are bought at the rate of 6 for Rs. 30 and sold at 5 for Rs. 30. Find the gain percentage.​

Answer 1

Answer:

gain=20%

Step-by-step explanation:

Cost price of 6 toffees = Re.1

Cost price of 1 toffee = \frac{1}{6}61

SP of 5 toffees = Re.1

Sp of 1 toffee = \frac{1}{5}51

Profit = SP - CP

Profit = \frac{1}{5}-\frac{1}{6}51−61

Profit = \frac{1}{30}301

Profit% = \frac{\frac{1}{30}}{\frac{1}{6}} \times 10061301×100

Profit% = 20\%20%

Hence gain% is 20%

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