A man buys some toffees at 5 toffee in 3rupee and same number of toffee at 5 toffee in rs4 He sold a...........

Quantitative Aptitude ( CCS) Profit and loss

A man buys some toffees at 5 toffee in 3rupee and same number of toffee at 5 toffee in rs4. He sold all of them at 5 toffee in 4 rupee. Find his overall gain or loss percent?

16(2/3)%

10%

20%

14(2/7)%

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Explanation:

. Rs………..Qty
. 3………….5
. 4………….5
C.P Rs7 10toffees
He sold at 5toffees in Rs4 so for 10toffees he gets Rs8
C.P =Rs27………. S.P = Rs28
Profit % = 1/7 *100 = 14(2/7) %

Hence, option 4 is the correct answer.