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 3 of 22.

Sneha jain said:   1 decade ago
@Tushar

For 1 toffee it is 20%

Therefore for 6 toffee = 20*6 = 120%

RIDHI said:   1 decade ago
@chetan

How selling price of 1 toffeee is 1.2 ?

Vaishnavi said:   1 decade ago
How 120%?

Kushal said:   1 decade ago
How 6/5 = 5 ?

Shree said:   1 decade ago
Thanks chetan, it's good.

Slimnick said:   1 decade ago
Another thought

C.P of 6 toffees= 1 rupee
Profit = 20%

hence using the formula
P=(S.P-C.P)/C.P
20/100=(S.P-1)/1
hence S.P=1.2 rupees for 6 toffees

so if 1.2 rupees = 6 toffees
1 rupee= X
therefore X = 5
which is the toffees sold

Ismail said:   1 decade ago
Is the cost price 8 toffes equal to the selling price of 6 toffes, then the gain percent is 25%. How it calculates?

Ismail said:   1 decade ago
Out of an income of Rs. 15, 000. Diya spends 10, 200. What percent income do save?

What will the calculation?

Mahesh said:   1 decade ago
Profit%=(profit/cp)*100

profit%=20
cp=1
profit=?


20=(profit/1)100
profit=20/100
profit=1/5

He can sell 5 for 1 RS.

Harish Raj said:   1 decade ago
Ismail -- Out of an income of Rs. 15, 000. Diya spends 10, 200. What percent income do save?

15000-10200=4800

4800*100/15000 = 32%

Diya saved 32% of her salary.


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