If toffees are bought at the rate of 7 for Rs. 6, at what rate per hundred must they be sold to gain 33%?
Question
Solution 1
Step 1: First, we need to find the cost price of 100 toffees. If 7 toffees cost Rs. 6, then 1 toffee costs Rs. 6/7. Therefore, 100 toffees would cost Rs. 6/7 * 100 = Rs. 85.71 (approximately).
Step 2: Next, we need to calculate the selling price for 100 toffees to gain a profit of 33%. The formula Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solv
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