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 21 of 22.
Rohit bind said:
6 years ago
Total CP = 4700 + 800 = 5500rupees.
And,
Given the selling price (s.p) = 5800rupee.
Then profit =(s.p) - (c.p) = 5800-5500 = 300rupess.
Then as we know that profit%=profit * 100/c.p.
So, 300 * 100/5500 = 300/55rupees.
= 60/11rupees.
And,
Given the selling price (s.p) = 5800rupee.
Then profit =(s.p) - (c.p) = 5800-5500 = 300rupess.
Then as we know that profit%=profit * 100/c.p.
So, 300 * 100/5500 = 300/55rupees.
= 60/11rupees.
Tejas dhavalikar said:
6 years ago
Simple method.
6 for a rupee and he sell to gain 20% we have taken 120 because of 20 % gain.
6*100/120 = 5.
6 for a rupee and he sell to gain 20% we have taken 120 because of 20 % gain.
6*100/120 = 5.
Rohit kushwaha said:
6 years ago
In 1 rupee, sell 6 toffee.
Profit is 20 percentage.
20 percentage of 1 rupee,
1x(20/100) =1/5 rupee profit,
SP=1+(1/5) =6/5,
In 6/5 rupee sell 6 toffee,
In 1 rupee sell 6x(5/6) =5 toffee answer.
Profit is 20 percentage.
20 percentage of 1 rupee,
1x(20/100) =1/5 rupee profit,
SP=1+(1/5) =6/5,
In 6/5 rupee sell 6 toffee,
In 1 rupee sell 6x(5/6) =5 toffee answer.
Hajji said:
6 years ago
In 1 rupee, sell 6 toffee.
Profit is 20 percentage.
20 percentage of 1 rupee,
1x(20/100) =1/5 rupee profit,
SP=1+(1/5) = 6/5,
In 6/5 rupee sell 6 toffee,
In 1 rupee sell 6x(5/6) = 5 toffee answer.
Profit is 20 percentage.
20 percentage of 1 rupee,
1x(20/100) =1/5 rupee profit,
SP=1+(1/5) = 6/5,
In 6/5 rupee sell 6 toffee,
In 1 rupee sell 6x(5/6) = 5 toffee answer.
Enga said:
6 years ago
How 6 by 5 become upside down?
Swathi said:
5 years ago
Good explanation, Thanks @Chetan.
Rajesh said:
5 years ago
CP is 1 rs 6 toffees
for 20% profit sp should be increased by 120%. which is 1.2 rs for 6 toffee.
for 1 toffee sp is rs. 0.2,
And for 1 rupee, 0.2*1 = 5 toffees.
for 20% profit sp should be increased by 120%. which is 1.2 rs for 6 toffee.
for 1 toffee sp is rs. 0.2,
And for 1 rupee, 0.2*1 = 5 toffees.
Naveen said:
4 years ago
It's a logical thing;
6 toffees =rs. 1
The seller needs 20 percent of the profit
So, each candy has 20percent therefore 6 * 20 = 120,
Then remove one of the 20percent as a gain.
Therefore, 6-1 =5.
6 toffees =rs. 1
The seller needs 20 percent of the profit
So, each candy has 20percent therefore 6 * 20 = 120,
Then remove one of the 20percent as a gain.
Therefore, 6-1 =5.
Geethika said:
4 years ago
Yes, correct @Naveen.
Thank you.
Thank you.
Aritra Charkaborty said:
4 years ago
The cost price of 6 toffee = Rs 1.
Selling price of 6 toffee = (gain + 100) * cost price / 100 = (20 + 100) * 1 / 100 = 120/100 = 6/5.
In 6/5 Rs he can sell 6 toffee,
In 1 Rs he can sell = 6 * 5/6 = 5 toffee.
Selling price of 6 toffee = (gain + 100) * cost price / 100 = (20 + 100) * 1 / 100 = 120/100 = 6/5.
In 6/5 Rs he can sell 6 toffee,
In 1 Rs he can sell = 6 * 5/6 = 5 toffee.
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