Q: 07 of 60Tarun bought 10 toffees for Rs 8 and sold 8 toffees for Rs 10. Find his gain percent.Options :23%56.25%57.45%none
Question
Q: 07 of 60Tarun bought 10 toffees for Rs 8 and sold 8 toffees for Rs 10. Find his gain percent.Options :23%56.25%57.45%none
Solution
Step 1: Calculate the cost price and selling price per toffee.
Tarun bought 10 toffees for Rs 8, so the cost price per toffee is Rs 8/10 = Rs 0.8.
He sold 8 toffees for Rs 10, so the selling price per toffee is Rs 10/8 = Rs 1.25.
Step 2: Calculate the gain.
The gain is the selling price per toffee minus the cost price per toffee, which is Rs 1.25 - Rs 0.8 = Rs 0.45.
Step 3: Calculate the gain percent.
The gain percent is the gain divided by the cost price per toffee, times 100%, which is (Rs 0.45/Rs 0.8) * 100% = 56.25%.
So, the answer is 56.25%.
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