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 17 of 22.

Sanjay acchana said:   7 years ago
Hello everyone.

let me explain more clearly.
given that cost price of 6toffes =1RS.
s.p of 6 toffees = (100+20)/100 *1RS,
=6/5RS.

For 6/5RS =6toffes.
then for 1RS =?
CROSS MULTIPLY THOSE BOTH WE WILL GET AN ANSWER AS 5.

Gowtham said:   7 years ago
Guys they have asked how toffees he has to sell so that the profit is 20%, so why do you calculate selling price 6/5, all have mentioned selling price of 6 toffees is 6/5 then it means 6 toffees are sold right, where does 5 toffees come?

Please explain me.

Joejose said:   7 years ago
CP of 1 toffee= (1/6).
SP to get 20%gain= (1.2x (1/6) ).
How many to sell to get 1 rupee=> 1/SP= (6/1.2) =5.

Zuber said:   7 years ago
6--->1re.
X--->20% gain.

6---> 120
X--->100.

So, X = 100 * 6/120 = 5.

Sandeep yadav said:   7 years ago
@Anandvijay.

How you can take 125?

Priya said:   7 years ago
1*6*100 = 1 x 120,
X=5

Mahesh said:   7 years ago
Assume for 100 rs he needs 120 including profit. So
100 rs 600 toffees.

Check-in option with which when dividing 120 comes 600/5 = 120.

Hussain said:   7 years ago
Logic is that;

He bought toffees 6 for a rupee but he got 20/100 profit means logically the answer should be less than 6.

So, to get less than 6, the answer should be 6 * 100/120 = 5.

Ameer said:   6 years ago
By using this formula one can easily findout the solution.

s.p = {(100+gain%)/100} * c.p,
1/X = {(100+20%)/100} * 1/6,
Hence X = 5.

Singh said:   6 years ago
6 = 6 * 20%,
6 = 120%,
6 = 120/100,
6 = 6/5.
= 6 * 5/6,
= 5.


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