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    Raghu bought toffees at 10 for a rupee. How many for a rupee must he sell to gain 400%?
    Question

    Raghu bought toffees at 10 for a rupee. How many for a rupee must he sell to gain 400%?

    A.

    Two

    B.

    Five

    C.

    Four

    D.

    Three

    Correct option is A

    Given:

    Cost Price (CP) = ₹1 for 10 toffees

    So CP of 1 toffee = ₹0.10

    Solution:

    If gain is 400%, then

    Selling Price (SP) = CP + 400%  of CP = 5×CP 5 \times CP​​

    So SP of 1 toffee = ₹0.10 × 5 = ₹0.50

    Now, 

    Number of toffees = 1SP per toffee \frac{1}{\text{SP per toffee}}​​

    =10.5=2= \frac{1}{0.5} = 2​​

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