Question

a man bought toffee at 3 for a rupee. How many for a rupee must he sell to gain 50%

Answer 1

3 toffee cost 1 rupee.

To gain 50% profit, selling price must be 1.5 times ((100 + 50)/100) the cost price, which will be 1.5 rupees for 3 toffee or 2 toffee for 1 rupee.

Comments

thank you

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The man is really not happy about receiving coffee instead of toffee though :P

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Fixed now :)