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 6 of 22.
Roji said:
1 decade ago
Friends I solved in this manner:
Vendor bought at 6 for a rupee i.e.,6 c.p = 1Rs.
=>1 c.p = 1/6 Rs.
Given as, he must sell to gain 20% i.e., s.p = 120% of c.p.
=>(120/100)*(1/6).
=>1/5.
i.e., for 1 Rs, he bought 5 toffees.
Vendor bought at 6 for a rupee i.e.,6 c.p = 1Rs.
=>1 c.p = 1/6 Rs.
Given as, he must sell to gain 20% i.e., s.p = 120% of c.p.
=>(120/100)*(1/6).
=>1/5.
i.e., for 1 Rs, he bought 5 toffees.
Abhinavsinghrajput said:
1 decade ago
Here is a simple explanation.
Given:
For Rs.1 = 6 toffees.
After profit of 20%.
For Rs 1.2 = 6 toffees
Let for rs.1 = x toffees
Cross multiply,
1.2x = 6.
Which gives x=5 :).
Given:
For Rs.1 = 6 toffees.
After profit of 20%.
For Rs 1.2 = 6 toffees
Let for rs.1 = x toffees
Cross multiply,
1.2x = 6.
Which gives x=5 :).
Vasavi kotha said:
1 decade ago
In Question they didn't mention profit is 20%. Then how everyone telling profit is 20%. Please answer my question. And explain the solution in another method if possible?
Rabia said:
1 decade ago
Let x be taken as 1 rupee :
C.P of 6 toffees = x.
S.P of 6 toffees = 120% of x.
S.P of 6 = 6/5x.
Now 6 * 5/6 = x.
5 = x.
C.P of 6 toffees = x.
S.P of 6 toffees = 120% of x.
S.P of 6 = 6/5x.
Now 6 * 5/6 = x.
5 = x.
Lavanya said:
1 decade ago
Easy way:
Formula:- p% = p*100/c.p.
20 = p*100/1.
p = 20/100 = 1/5.
i.e for rs.1 5 toffees.
Formula:- p% = p*100/c.p.
20 = p*100/1.
p = 20/100 = 1/5.
i.e for rs.1 5 toffees.
Raja ab said:
1 decade ago
It is simple the 20 % profit on 6 toffees 6*20/100 = 6/5 very simple.
Thippesh said:
1 decade ago
Take 1 Rupee=100% so Rq gain = 20 therefore gain =100/20= 5 so. Do like this many problems and ex: if 15 Rs then multiply into 100 1500/20.
B.vinoth said:
1 decade ago
I have doubt.
I take each toffee one rupee,
Profit=20%.
Then,
SP-CP/CP *100=20%,
SP=7.2 Rs,
How to relate with this question?
I take each toffee one rupee,
Profit=20%.
Then,
SP-CP/CP *100=20%,
SP=7.2 Rs,
How to relate with this question?
Preeti said:
1 decade ago
See..
C.P of 6 toffees = Rs 1,
Profit=20%,
S.P = (1+P%)*C.P.
= (1+20/100)*1 = (120/100)*1 =1.2*1 1.2.
If Rs 1.2 is the S.P of the toffee = 6.
So, Rs 1 is the S.P of the toffee = 6/1.2 = 60/12 = 5 answer.
C.P of 6 toffees = Rs 1,
Profit=20%,
S.P = (1+P%)*C.P.
= (1+20/100)*1 = (120/100)*1 =1.2*1 1.2.
If Rs 1.2 is the S.P of the toffee = 6.
So, Rs 1 is the S.P of the toffee = 6/1.2 = 60/12 = 5 answer.
Neha said:
1 decade ago
This is very simple solution.
((6-x)/x)*100=20 then x=5.
For articles we have to take selling articles(x) as base for profit percentage.
((6-x)/x)*100=20 then x=5.
For articles we have to take selling articles(x) as base for profit percentage.
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