Practicing Success
A shopkeeper bought toffees at the rate of 6 for ₹4 and sold them at the rate of 4 for ₹6. His gain percentage is |
75% 125% 80% 100% |
125% |
CP of toffees at the rate of 6 = ₹4 CP of toffees at the rate of 6 × 4 = 4 × 4 = 16 SP of toffees at the rate of 4 = ₹6 SP of toffees at the rate of 4 × 6 = 6 × 6 = 36 Gain percentage = \(\frac{36 - 16}{ 16 }\) × 100% = \(\frac{20}{ 16 }\) × 100% = 125% The correct answer is Option (2) → 125% |