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 6 of 22.

Santosh said:   1 decade ago
Thank you chatan

Poornima said:   1 decade ago
Hi cetan how you got sp of 6 toffee = 1.2 re?

Tushar Vaibhav said:   1 decade ago
S.P. of 6 toffees = 120%
How does it come ?

Prabhu said:   1 decade ago
Chetan your explanations are so smart.

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


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