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.
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.
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.
Nisarg said:
1 decade ago
C.P. of 1 toffee = 1/6 Rs.
Profit % = 20 %.
Now, profit % = (profit*100)/C.P.
So, profit = 20*(C.P.)/100.
Profit = 1/30 Rs for 1 toffee.
Now, S.P. = C.P.+profit.
S.P. = 1/6+1/30.
S.P. = 1/5 Rs for 1 toffee.
For S.P. = 1 Rs he has to sell 5 toffees.
Profit % = 20 %.
Now, profit % = (profit*100)/C.P.
So, profit = 20*(C.P.)/100.
Profit = 1/30 Rs for 1 toffee.
Now, S.P. = C.P.+profit.
S.P. = 1/6+1/30.
S.P. = 1/5 Rs for 1 toffee.
For S.P. = 1 Rs he has to sell 5 toffees.
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!.
Rbrana said:
1 decade ago
CP of 6 toffees = 1 Rs;
Means
CP of 6 toffees = 100 paise;
If we sell 6 toffees in 120 paise, We will get 20% profit in these 6 toffees,
Means we'll shell 6 toffees in 1.2Rs to get 20% profit.
Here,
1.2rs -----> 6.
1rs -------> 6/1.2 = 5.
Means
CP of 6 toffees = 100 paise;
If we sell 6 toffees in 120 paise, We will get 20% profit in these 6 toffees,
Means we'll shell 6 toffees in 1.2Rs to get 20% profit.
Here,
1.2rs -----> 6.
1rs -------> 6/1.2 = 5.
Kannan said:
3 years ago
Now they have given that :
Profit % = 20
He bought toffees for 6 , that is C.P = 6;
Let S.P = x ;
Profit % = Profit / S.P * 100;
Profit = (S.P - C.P) = 6 - x;
20 % = 6 - x / x * 100;
6 - x / x = 1/ 5;
x = 30 - 5x ;
6x = 30;
x = 5;
Then, S.P = 5.
Profit % = 20
He bought toffees for 6 , that is C.P = 6;
Let S.P = x ;
Profit % = Profit / S.P * 100;
Profit = (S.P - C.P) = 6 - x;
20 % = 6 - x / x * 100;
6 - x / x = 1/ 5;
x = 30 - 5x ;
6x = 30;
x = 5;
Then, S.P = 5.
(8)
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.
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.
AnandVijay said:
1 decade ago
2. The cost price of 20 articles is the same as the selling price of x articles. If the profit is 25%, then the value of x is:
A. 15 B. 16
C. 18 D. 25
In this sum we take Easy method:
c.p=(100/100+GAIN%)s.p
so
x=(100/125)20
x=16..
A. 15 B. 16
C. 18 D. 25
In this sum we take Easy method:
c.p=(100/100+GAIN%)s.p
so
x=(100/125)20
x=16..
Mrs pallavi said:
1 decade ago
Hey hi i have simple solution
6 toffees for re. 1
so c.p of 6 toffees are= 1
We have default formula to calculate s.p
s.p=(100+profit%)*c.p/100
s.p=(100+20)*1/100
s.p=120*1/100
s.p=120/100
s.p=12/10
s.p=6/5
Therefore selling price is 6/5.
6 toffees for re. 1
so c.p of 6 toffees are= 1
We have default formula to calculate s.p
s.p=(100+profit%)*c.p/100
s.p=(100+20)*1/100
s.p=120*1/100
s.p=120/100
s.p=12/10
s.p=6/5
Therefore selling price is 6/5.
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
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
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.
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