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Discussion :: Profit and Loss

  1. A vendor bought toffees at 6 for a rupee. How many for a rupee must he sell to gain 20%?
    2. A.
    3
    B.
    4
    C.
    5
    D.
    6

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    Answer : Option C

    Explanation :

    C.P. of 6 toffees = Re. 1

    S.P. of 6 toffees = 120% of Re. 1 = Rs. 6/5

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