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:
213 comments Page 5 of 22.

Rohit bind said:   7 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.

Kiran said:   7 years ago
6T= 100p.
1T= 100/6paisas.
To gain 20% profit on it;
100/6* 120/100=20paisa.
So1T=20 paisa.
Ans in 100 paisa he must give 5 toffee (20*5=100 paisa).

Spartan007 said:   7 years ago
Take;
120 % is 6
100% is ?

120 * x =6 * 100,
x= (6*100) /120;
x = 5.
(1)

Singh said:   7 years ago
6 = 6 * 20%,
6 = 120%,
6 = 120/100,
6 = 6/5.
= 6 * 5/6,
= 5.

Ameer said:   7 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.

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.

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.

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

Sandeep yadav said:   7 years ago
@Anandvijay.

How you can take 125?

Zuber said:   8 years ago
6--->1re.
X--->20% gain.

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

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


Post your comments here:

Your comments will be displayed after verification.