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If the cost price of 4 toffees be equal...

If the cost price of `4` toffees be equal to the selling price of `3` toffees then the gain% is

A

`25%`

B

`30%`

C

`16 2/3%`

D

`37.1/3%`

Text Solution

AI Generated Solution

The correct Answer is:
To find the gain percentage when the cost price of 4 toffees is equal to the selling price of 3 toffees, we can follow these steps: ### Step-by-Step Solution: 1. **Let the Cost Price of 1 Toffee be X**: - We denote the cost price of one toffee as \( X \). 2. **Calculate the Cost Price of 4 Toffees**: - The cost price of 4 toffees is \( 4 \times X = 4X \). 3. **Set the Selling Price of 3 Toffees Equal to the Cost Price of 4 Toffees**: - According to the problem, the selling price of 3 toffees is equal to the cost price of 4 toffees. Therefore, we have: \[ \text{Selling Price of 3 Toffees} = 4X \] 4. **Calculate the Selling Price of 1 Toffee**: - To find the selling price of one toffee, we divide the selling price of 3 toffees by 3: \[ \text{Selling Price of 1 Toffee} = \frac{4X}{3} \] 5. **Calculate the Selling Price of 4 Toffees**: - The selling price of 4 toffees will be: \[ \text{Selling Price of 4 Toffees} = 4 \times \frac{4X}{3} = \frac{16X}{3} \] 6. **Calculate the Gain**: - Gain is calculated as the selling price minus the cost price: \[ \text{Gain} = \text{Selling Price of 4 Toffees} - \text{Cost Price of 4 Toffees} \] - Substituting the values we found: \[ \text{Gain} = \frac{16X}{3} - 4X \] - To perform the subtraction, convert \( 4X \) into a fraction with the same denominator: \[ 4X = \frac{12X}{3} \] - Now, we can subtract: \[ \text{Gain} = \frac{16X}{3} - \frac{12X}{3} = \frac{4X}{3} \] 7. **Calculate the Gain Percentage**: - Gain percentage is calculated using the formula: \[ \text{Gain Percentage} = \left( \frac{\text{Gain}}{\text{Cost Price}} \right) \times 100 \] - The cost price of 4 toffees is \( 4X \): \[ \text{Gain Percentage} = \left( \frac{\frac{4X}{3}}{4X} \right) \times 100 \] - Simplifying this: \[ \text{Gain Percentage} = \left( \frac{4}{3 \times 4} \right) \times 100 = \left( \frac{1}{3} \right) \times 100 = \frac{100}{3} \approx 33.33\% \] ### Final Answer: The gain percentage is approximately **33.33%**.
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