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:
211 comments Page 7 of 22.

Naveen said:   10 years ago
C.P for 6 toffees = Rs 1.
100 percentage = 1.
Profit = 20 percentage.

100 percentage = 1 then 20 percentage = 0.2.

P = 0.2,
S = C+P = 1+0.2 = 1.2 Rs.
1 Rs = 6/1.2 = 5 toffees.

Aparna Dileep said:   4 years ago
CP of 1 toffee = 1/6 Profit % = 20 Profit% = SP- 1/6 / 1/6 * 100.

[Profit % = (SP- CP/CP ) * 100 ] Which gives SP = 1/5 Therefore 5 toffees are sold for Re 1 for getting 20% profit.
(2)

Selvaraj said:   1 decade ago
20% of 1 is .2.

Hence to meet the profit with the cost price totally it will be 1.2.

Hence 6 toffees are there the profit should be 20%.

Divide those 6 toffees by 1.2.

6/1.2 = 5.

Rajiv Hussain said:   9 years ago
I have a question, can anyone solve this question for me?

A man buys an egg at 2 for Rs 1 and an equal number at 3 for rs 2 and sells the whole at 5 for rs 3. What is gain or loss?

Nara said:   3 years ago
6 toffee for 1rupee.
Cost of tofee =1/6 = 0.166
Gain 20% then 6 toffee for 1.2rupee
Cost of toffee after gain = 1.2/6 = 0.2,
For 1rupee toffee cost of 0.2 rupees,
We get 5 toffees.
(15)

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 :).

Shukla ji said:   4 years ago
@All.

Why all of you finding selling price of 6 toffees?

In this question, it tells that the cp of 6 toffee is 1. Then what was the need for that? Please explain me clearly.
(2)

Nidhi katiyar said:   1 decade ago
Cost price of 1 toffee is 1/6.
Now at 100 --- 1/6.
Then at 120 ---- ?.

120*1/6 = 20/100 = 1/5.

I.e. it means selling price of 1 toffee is 1/5.

1 rupee for 5 toffees.

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?

Sarah said:   8 years ago
A fruit saler buys 12 apples for Rs 36. If the fruit saler made 20% profit. How many Apple did fruit saler sales for rs 36.

Please, solve the problem for me. Thank you.


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