Subject: General Aptitude · Chapter: Profit and Loss · Exam: · Marks: · Difficulty:
A vendor bought toffees at 6 for a rupee. How many for a rupee must he sell to gain 20\%?
(a)3
(b)4
(c)5
(d)6
Answer
Answer (as printed): C
Explanation
C.P. of 6 toffees $=₹ 1$. S.P. of 6 toffees $=120 \%$ of $₹ 1=₹ \frac{6}{5}$. For $₹ \frac{6}{5}$, toffees sold $=6$. For $₹ 1$, toffees sold $=\left(6 \times \frac{5}{6}\right)=5$.
Explanation as extracted from the printed page; notation may be imperfect.