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Profit & Loss
Toffees are b...
Question
Toffees are bought at the rate of 3 for a rupee. To gain 50%, they must be sold at:
A
2 for a rupees
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B
1 for a rupees
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C
4 for a rupees
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D
5 for a rupees
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Solution
The correct option is
A
2 for a rupees
C. P. of 3 toffees = Rs. 1
S.P. of 3 toffees = 150% of Rs 1
=
R
s
.
3
2
F
o
r
R
s
.
3
2
,
t
o
f
f
e
e
s
s
o
l
d
=
3.
For Rs. 1, toffees sold =
(
3
×
2
3
)
=
2.
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