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.
Mosaddek said:
2 years ago
1 rupee = 100paisa
20% profit means.
6 toffee = 120 paisa,
so,1 toffee = 20 paisa,
100 paisa = 5 toffee,
Ans: 5 toffee in one rupee.
20% profit means.
6 toffee = 120 paisa,
so,1 toffee = 20 paisa,
100 paisa = 5 toffee,
Ans: 5 toffee in one rupee.
(205)
ALISA said:
2 years ago
It's simple,
SP = 6,
Gain = 20%,
CP = x,
Gain % = SP - CP/CP * 100,
20 = 6-x/x * 100,
20x = (6-x) * 100,
20x = 600 - 100x,
120x = 600.
x = 600/120
x = 5.
SP = 6,
Gain = 20%,
CP = x,
Gain % = SP - CP/CP * 100,
20 = 6-x/x * 100,
20x = (6-x) * 100,
20x = 600 - 100x,
120x = 600.
x = 600/120
x = 5.
(96)
Devinder singh said:
2 years ago
supose he earn 120 % profit on selling all 6 items.
Then;
x * 120% = 6.
x= 5=> answer.
Then;
x * 120% = 6.
x= 5=> answer.
(80)
Vishnu angadi said:
2 years ago
Toffees bought - 6.
Gain 20 %.
6 * 100/120 = 5.
Gain 20 %.
6 * 100/120 = 5.
(58)
Reena said:
2 years ago
6 Toffees -> ₹1
1 Toffee -> ? ---->(1)
Let's say 1 toffee is 'x'.
Then 6x = 1 [Cross Multiplication from (1)].
Cost Price is 1/6.
Gain = 20%.
Sp = ?.
20/100 * CP = SP - CP.
1/30 = SP - 1/6,
6/30 = 6SP - 1,
SP = 1/5.
SP is 1/5 ie, one toffee is ₹0.20 or 1/5.
Then how many Toffees can we get for one rupee is the question ie 5 Toffees.
Therefore Ans: 5 Toffees.
1 Toffee -> ? ---->(1)
Let's say 1 toffee is 'x'.
Then 6x = 1 [Cross Multiplication from (1)].
Cost Price is 1/6.
Gain = 20%.
Sp = ?.
20/100 * CP = SP - CP.
1/30 = SP - 1/6,
6/30 = 6SP - 1,
SP = 1/5.
SP is 1/5 ie, one toffee is ₹0.20 or 1/5.
Then how many Toffees can we get for one rupee is the question ie 5 Toffees.
Therefore Ans: 5 Toffees.
(50)
Farooq Hussain said:
2 years ago
Correction:
The question has some typographical mistake and should be read as;
"A vendor sold toffees at 6 for a rupee. Find the cost price in order to gain a profit of 20%?
Solution: Let the cost price =x
Then;
Cost price Selling price
100 120
x 6
By cross-multiplication we get;
x = (100x6)/120,
x = 5 (Ans).
6 * 100/120 = 5.
The question has some typographical mistake and should be read as;
"A vendor sold toffees at 6 for a rupee. Find the cost price in order to gain a profit of 20%?
Solution: Let the cost price =x
Then;
Cost price Selling price
100 120
x 6
By cross-multiplication we get;
x = (100x6)/120,
x = 5 (Ans).
6 * 100/120 = 5.
(49)
Bhupal said:
3 years ago
@All.
sp=6
Gain=20%
Cp= x
Gain %= SP- CP/CP*100.
20 = 6- X/x*100.
20X=(6-x)*100,
20X= 600-100x,
120 X=600,
X= 600/120,
X= 5 ans.
sp=6
Gain=20%
Cp= x
Gain %= SP- CP/CP*100.
20 = 6- X/x*100.
20X=(6-x)*100,
20X= 600-100x,
120 X=600,
X= 600/120,
X= 5 ans.
(28)
Hussain said:
2 years ago
20% gain it means 1/5;
Get 1 unit profit at 5 units.
C.P = 5 unit.
S.P = 6 unit.
for a gain 20%;
6*5/6 = 5.
Get 1 unit profit at 5 units.
C.P = 5 unit.
S.P = 6 unit.
for a gain 20%;
6*5/6 = 5.
(24)
Laksha A said:
9 months ago
@All.
Here is the solution.
S.P = (100/100 + profit%) * C.P.
Profit% = 20%,
C. P = 6.
S. P = (100/100+20)*6,
S. P = (100/120)*6,
S. P = (5/6)*6,
S. P = 5.
Here is the solution.
S.P = (100/100 + profit%) * C.P.
Profit% = 20%,
C. P = 6.
S. P = (100/100+20)*6,
S. P = (100/120)*6,
S. P = (5/6)*6,
S. P = 5.
(22)
Bhani said:
7 months ago
Gain = 120.
C.p = 6 rupees.
Gain profit/c.p ×100.
120/6×100 = 5.
C.p = 6 rupees.
Gain profit/c.p ×100.
120/6×100 = 5.
(22)
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