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some toffees are bought at 6 for a ruler and the same number at 4 for are rupee if the whole lot is sold at 5 for a rupee find the gain or loss percent |
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Answer» Answer: 20% Step-by-step explanation: CP of one toffee = Rs 1/6 ----- (1) SP of 5 toffees = Rs 1 SP of 1 toffee = Rs 1/5 ---- (2) Comparing (1) and (2) TAKING LCM = 30 1/6 and 1/5 become 5 and 6 in the numerator Since CP (5) less than SP (6), we conclude that the transaction is PROFIT. Actual profit = 6-5 = 1 Profit percentage = profit X 100/CP = 1 X 100/5 = 20% Ans: 20% |
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