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 4 of 22.
Madhavi said:
4 years ago
From the question;
C.P = 1Re/6.
Always assume C.P=100%.
Now Profit =20%.
S.P=C.P+ Profit=120%.
100%------>1Re/6T.
120%------>1Re/xT.
If we do cross multiplication we will get x=5.
C.P = 1Re/6.
Always assume C.P=100%.
Now Profit =20%.
S.P=C.P+ Profit=120%.
100%------>1Re/6T.
120%------>1Re/xT.
If we do cross multiplication we will get x=5.
(1)
Vishnu prakash said:
4 years ago
100 paisa = 6 toffee -----> 1
120 paisa = X toffee -----> 2.
So the equation 1&2 equal.
Then, 100 * 6 = 120 * X.
X = 600/120.
X = 5.
120 paisa = X toffee -----> 2.
So the equation 1&2 equal.
Then, 100 * 6 = 120 * X.
X = 600/120.
X = 5.
(1)
123 said:
2 decades ago
How do you got 120%.
Rajivkumar said:
2 decades ago
What is Rs. 6/5? Explain how it came?.
Sundar said:
2 decades ago
Hi All,
Selling Price (SP) of 6 toffees
= 120% of 1
= (120/100) x 1
= (12/10) x 1
= (6/5) x 1
= 6/5
Therefore Selling Price of 6 toffees = 6/5.
Hope you understand guys. Have a nice day!
Selling Price (SP) of 6 toffees
= 120% of 1
= (120/100) x 1
= (12/10) x 1
= (6/5) x 1
= 6/5
Therefore Selling Price of 6 toffees = 6/5.
Hope you understand guys. Have a nice day!
M.venkateswara reddy said:
2 decades ago
Let C.P. of 6 toffees = Re. 1
Re.1 is assume 100%
we know the profit=20%
Selling Price (SP) = profit+ C.P.
= 120% of 1
= (120/100) x 1
= (12/10) x 1
= (6/5) x 1
= 6/5
Therefore Selling Price of 6 toffees = 6/5.
Re.1 is assume 100%
we know the profit=20%
Selling Price (SP) = profit+ C.P.
= 120% of 1
= (120/100) x 1
= (12/10) x 1
= (6/5) x 1
= 6/5
Therefore Selling Price of 6 toffees = 6/5.
Hari said:
2 decades ago
Hi all,
Let me exaplin more clearly.
We have sp= (gain+100) *cp/100.
So, sp= (20+100) *1/100 = 120/100 = 6/5.
Now no. of toffes for 6/5 rupees= 6, then toffes for 1 rupee (see in ques last sentence) is asked?.
So, it is = 6*5/6 = 5 is the answer!.
Let me exaplin more clearly.
We have sp= (gain+100) *cp/100.
So, sp= (20+100) *1/100 = 120/100 = 6/5.
Now no. of toffes for 6/5 rupees= 6, then toffes for 1 rupee (see in ques last sentence) is asked?.
So, it is = 6*5/6 = 5 is the answer!.
Chetan said:
1 decade ago
6 toffees---> 1 re
given profit % = 20%
=>S.P of 6 toffees = 1.2 re
Now consider only S.P
1.2 re--> 6 toffee
1 re ---> ? toffee
6/1.2 =5
given profit % = 20%
=>S.P of 6 toffees = 1.2 re
Now consider only S.P
1.2 re--> 6 toffee
1 re ---> ? toffee
6/1.2 =5
Harish said:
1 decade ago
Thanks chetan.
Chethu said:
1 decade ago
We can also convert Re.1=100paise
therefore each toffee is 100/6=16.67p
we need 20% gain on each toffee.
so the SP should be 120%.
(120/100)*16.67 is 20p
20p*5=100paise=Re.1
so 5 toffees should be sold.
therefore each toffee is 100/6=16.67p
we need 20% gain on each toffee.
so the SP should be 120%.
(120/100)*16.67 is 20p
20p*5=100paise=Re.1
so 5 toffees should be sold.
Post your comments here:
Quick links
Quantitative Aptitude
Verbal (English)
Reasoning
Programming
Interview
Placement Papers