Aptitude - Profit and Loss - Discussion
Discussion Forum : Profit and Loss - General Questions (Q.No. 5)
5.
A vendor bought toffees at 6 for a rupee. How many for a rupee must he sell to gain 20%?
Answer: Option
Explanation:
C.P. of 6 toffees = Re. 1
| S.P. of 6 toffees = 120% of Re. 1 = Rs. | 6 |
| 5 |
| For Rs. | 6 | , toffees sold = 6. |
| 5 |
| For Re. 1, toffees sold = |  |
6 x | 5 |  |
= 5. |
| 6 |
Video Explanation: https://youtu.be/7wKrnZ0LKA8
Discussion:
211 comments Page 1 of 22.
123 said:
2 decades ago
How do you got 120%.
Rajivkumar said:
2 decades ago
What is Rs. 6/5? Explain how it came?.
Sundar said:
2 decades ago
Hi All,
Selling Price (SP) of 6 toffees
= 120% of 1
= (120/100) x 1
= (12/10) x 1
= (6/5) x 1
= 6/5
Therefore Selling Price of 6 toffees = 6/5.
Hope you understand guys. Have a nice day!
Selling Price (SP) of 6 toffees
= 120% of 1
= (120/100) x 1
= (12/10) x 1
= (6/5) x 1
= 6/5
Therefore Selling Price of 6 toffees = 6/5.
Hope you understand guys. Have a nice day!
M.venkateswara reddy said:
2 decades ago
Let C.P. of 6 toffees = Re. 1
Re.1 is assume 100%
we know the profit=20%
Selling Price (SP) = profit+ C.P.
= 120% of 1
= (120/100) x 1
= (12/10) x 1
= (6/5) x 1
= 6/5
Therefore Selling Price of 6 toffees = 6/5.
Re.1 is assume 100%
we know the profit=20%
Selling Price (SP) = profit+ C.P.
= 120% of 1
= (120/100) x 1
= (12/10) x 1
= (6/5) x 1
= 6/5
Therefore Selling Price of 6 toffees = 6/5.
Hari said:
2 decades ago
Hi all,
Let me exaplin more clearly.
We have sp= (gain+100) *cp/100.
So, sp= (20+100) *1/100 = 120/100 = 6/5.
Now no. of toffes for 6/5 rupees= 6, then toffes for 1 rupee (see in ques last sentence) is asked?.
So, it is = 6*5/6 = 5 is the answer!.
Let me exaplin more clearly.
We have sp= (gain+100) *cp/100.
So, sp= (20+100) *1/100 = 120/100 = 6/5.
Now no. of toffes for 6/5 rupees= 6, then toffes for 1 rupee (see in ques last sentence) is asked?.
So, it is = 6*5/6 = 5 is the answer!.
Chetan said:
1 decade ago
6 toffees---> 1 re
given profit % = 20%
=>S.P of 6 toffees = 1.2 re
Now consider only S.P
1.2 re--> 6 toffee
1 re ---> ? toffee
6/1.2 =5
given profit % = 20%
=>S.P of 6 toffees = 1.2 re
Now consider only S.P
1.2 re--> 6 toffee
1 re ---> ? toffee
6/1.2 =5
Harish said:
1 decade ago
Thanks chetan.
Chethu said:
1 decade ago
We can also convert Re.1=100paise
therefore each toffee is 100/6=16.67p
we need 20% gain on each toffee.
so the SP should be 120%.
(120/100)*16.67 is 20p
20p*5=100paise=Re.1
so 5 toffees should be sold.
therefore each toffee is 100/6=16.67p
we need 20% gain on each toffee.
so the SP should be 120%.
(120/100)*16.67 is 20p
20p*5=100paise=Re.1
so 5 toffees should be sold.
AnandVijay said:
1 decade ago
2. The cost price of 20 articles is the same as the selling price of x articles. If the profit is 25%, then the value of x is:
A. 15 B. 16
C. 18 D. 25
In this sum we take Easy method:
c.p=(100/100+GAIN%)s.p
so
x=(100/125)20
x=16..
A. 15 B. 16
C. 18 D. 25
In this sum we take Easy method:
c.p=(100/100+GAIN%)s.p
so
x=(100/125)20
x=16..
Vivek said:
1 decade ago
Let me to clear all of urs doubt.......
c.p of 6 tofee= Re 1
1 tofee= 1/6
s.p of 6 tofee = x
s.p of 1 tofee= 1/x
profit%=((s.p-c.p)/c.p) x100
put the value and solve u will get 5 as ans
c.p of 6 tofee= Re 1
1 tofee= 1/6
s.p of 6 tofee = x
s.p of 1 tofee= 1/x
profit%=((s.p-c.p)/c.p) x100
put the value and solve u will get 5 as ans
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