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 13 of 22.

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.

Neha said:   1 decade ago
How get 6/5?

Ashish Verma said:   1 decade ago
What would be the answer if I have given 20 Rupees I need to purchase 06 thing. All 06 thing total price should be 20.

Condition there should not be any thing in 0 OR decimals & less than 1 rupees and number should not be repeated mean if I have bought anything in price of 02 rupees than I can not purchase again anything in 02 Rupees.

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?

Subrata adhikary said:   1 decade ago
6 toffees in 1 rps.

Assume cp = 10 rps.

So, total toffees = 10*6 = 60.

Now sp = 12 rps (as 20% profit).

So, 12 rps sp of 60 toffees.

So, 1 rps sp = 60/12 = 5 answer.

(Here rps means rupee).

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.

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.

Rahul Kumar said:   1 decade ago
Since 1 Rs ----------> 6 Toffees.

Now 1+20% of 1 = 1+(1/5) = 6/5 Rs.

Means that after gaining 20%,

6/5 Rs ----------> 6 toffee.

1 Rs -----------> 6*(5/6) toffees = 5 Toffees.

Hariom said:   10 years ago
By selling 45 lemons a vendors loses a sum equal to the selling price of 3 lemons. Find the loss percentage.

Victor said:   10 years ago
How does 6/5 is interchanged into 5/6 at the last step?


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