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 9 of 22.

Damodar Narayan said:   1 decade ago
RS. 1 -------> 6 TOFFEES.
RS. 10 -------> 60.

20% 0F 10 -------> 20% OF 60.

2 -------> 12.

12 * 5 = 60 i.e for a rupee he sell 5 Toffees to gain 20%.

Similarly A vendor bought toffees at 3 for a rupee. How many for a rupee must he sell to gain 50%?

RS. 1 -------> 3 TOFFEES.
RS. 10 -------> 30.

50% 0F 10 -------> 50% OF 30.

5 -------> 15.

15 * 2 = 30 i.e for a rupee he sell 2 Toffees to gain 50%.

Muruga said:   1 decade ago
Hi, selling price of 6 toffees = 6/5. OK. And then next step I can't understood help me.

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.

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 :).

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.

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.

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?


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