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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.\(\frac { 6 } { 5 } \)  
     

     

    For Rs.   \(\frac { 6 } { 5 } \), toffees sold = 6.
     

     

    For Re. 1, toffees sold = 6 x\( \frac { 5} {6 } \)   = 5.
     

     

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