Ravi buys some toffees at 5 for a rupee and sells them at 2 for a rupe

1.	Ravi buys some toffees at 5 for a rupee and sells them at 2 for a rupee. His gain percent is30%40%50%150%
Answer» (4) 150% we know that the CP of 1 toffee = ₹1/5 SP of 1 toffee = ₹1/2 Since SP is more than CP it’s a Gain Gain = SP – CP = ½ – 1/5 = 3/10 ∴ Gain% = (Gain × 100) /CP = ((3/10) × 100) / (1/5) = 150%

Ravi buys some toffees at 5 for a rupee and sells them at 2 for a rupee. His gain percent is30%40%50%150%

Answer»

(4) 150%

we know that the CP of 1 toffee = ₹1/5

SP of 1 toffee = ₹1/2

Since SP is more than CP it’s a Gain

Gain = SP – CP

= ½ – 1/5

= 3/10

∴ Gain% = (Gain × 100) /CP

= ((3/10) × 100) / (1/5)

= 150%