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%?
3
4
5
6
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 11 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.
(205)

Shaik saleem said:   1 decade ago
Hi All,

Six toffees for Re. 1 = 1/6 = 0.166.

0.17x20% profit = 0.033.

0.033+0.166 = 0.199 approx 0.20.

Now for 1 Re. 1/0.20 = 5.

Sumit kumar said:   9 years ago
I have a question if a merchant sells table in rs 26.65 by 5 percent loss when he sells in rs 31.05 so what is gain or loss percent.

B.vinoth said:   1 decade ago
I have doubt.
I take each toffee one rupee,
Profit=20%.

Then,
SP-CP/CP *100=20%,

SP=7.2 Rs,

How to relate with this question?

Rabia said:   1 decade ago
Let x be taken as 1 rupee :

C.P of 6 toffees = x.

S.P of 6 toffees = 120% of x.

S.P of 6 = 6/5x.

Now 6 * 5/6 = x.

5 = x.

Gopinath said:   1 decade ago
Bought sell.

1/6 = 100%, 1/? = 120% (Because need 20% gain so add 100+20%).

= 600 ? = 120.

So ? = 600/120.

? = 5.

Ans: 5.

Sajjad Hossain said:   6 years ago
CP is 1 Rs for 6 toffee.
for 20% profit, sp should be 1.2 Rs.
SP is 1.2 Rs for 6 toffees.
SP is 1 Rs for (6/1.2) = 5 toffees.
(1)

Jay said:   1 decade ago
6/5 how it comes?

If loss is given for ex:- 0.44 and profit is given 0.25.

How to take it in fraction can anyone explain?

Farhat said:   1 decade ago
CP of 6 toffee = 1.

Gain = 20%.

Profit% = p*100/cp.
20 = p*100/1.

p = 20*1/100.
p = 1/5.

i.e; for 5 toffees for re. 1.

Debopriya chandra said:   9 years ago
By selling the articles at Rs 240 a trader gains 25%. So what would be his profit % if he sells the articles at Rs. 216?


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