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Discussion :: Profit and Loss

  1. By selling 12 toffees for a rupee, a man loses 20%. How many for a rupee should be sell to get a gain of 20%?
    2. A.
    5
    B.
    8
    C.
    10
    D.
    15

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    Workspace

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    Answer : Option B

    Explanation :

    Let S.P. of 12 toffees be Rs. x. 

    Then, 80:1 = 120:x or x = 120/180 = 3/2

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