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 16 of 22.

Rashi said:   8 years ago
1 rupee tofee=6.
profit=20%.
s.p=cp*100/100+profit.
s.p=6*100/100+20.
s.p=6*100/120.
s.p=5.

Jagmohan singh said:   8 years ago
Cost Price of 6 Tofees is Rs 1, Profit % = 20% , SP=?
According To Formula,
SP= CP(100+Profit%)Totally Divided by 100.
so SP = 1(100+20) / 100,
= 120/100 = 1.2

So Required Quantity He must sell is = 6/1.2 =5 Ans/-

Hope you understand guys.

Sidhu said:   8 years ago
120/- ---- 6
100/- ---- ?
so that cross multiplication
100*6/120 = 5.

Sarah said:   8 years ago
A fruit saler buys 12 apples for Rs 36. If the fruit saler made 20% profit. How many Apple did fruit saler sales for rs 36.

Please, solve the problem for me. Thank you.

Sarah said:   8 years ago
Thank you.

Captain said:   7 years ago
Easy solution.

x * 120/100 = 6,
120x/120 = 600/120,
x = 5,
or
6/1.2 = 5.

Birbal said:   7 years ago
Let x is the toffee should be sold to get re1.
one toffee rate=1/6;

20 percent gain means the rate of one toffie=(120/100)*(1/6)=y,
6*(1/6) = x*y;
x = 5.

Vaishnavi said:   7 years ago
Thank you @Chetan.

Your explanation was nice, I understood the problem clearly.

Raghul.N said:   7 years ago
They ask how many pics will you buy if the price increases @20%.

1 Rup =100 Pc.

Find the single pic value (100/6=16.66 Pc).
if we increase the price means it affects the single price value so find the single price value after 20% gain or rise of the price.

16.66*(20/100)=3.33,
rising cost 3.33+basicprice (16.66)=19.99,
app=20 Pc for pic.
20*6=120 after adding profit 20%,
for that past price we only buy,
5 pic for 100 pic= 1 rup.
1.20 Pc will need for buy that 6 pic.

Tarun said:   7 years ago
S.p = 1
C.P = N*1/6.


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