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Standard VIII
Mathematics
Finding Sales Tax / VAT
A man buys so...
Question
A man buys some toffees at 3 in Re. 1 and same quantity at 3 in Rs 2 and sold them at 1 in Re. 1. Find his gain or loss %.
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Solution
Let he buy a total of
x
tofees
Then total cost price
=
x
2
×
(
1
3
+
2
3
) = Rs.
x
2
And total sale price = Rs.
x
So gain%=
100
%
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