Profit and Loss Practice Test 1

Question : 20 of 40

Marks: +1, -0

I bought 6 candies for Rs 12 and sold them at the rate of 3 candies for Rs 10. My gain per cent is:

Solution:

\table \Quantity ,\CP ,\SP; 6, 12, −; 1, 2, −; 3 ,−, 10; 1 ,− ,10/ 3

Gain per cent

={SP-CP}/{CP}×100

={10/3-2}/2×100

=66 2/3%

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