By selling 12 toffees for a rupee, a man loses 20%. How many for a rupee should he sell to get a gain of 20%? · ABC26GN2678

Subject: General Aptitude · Chapter: Profit and Loss

By selling 12 toffees for a rupee, a man loses 20\%. How many for a rupee should he sell to get a gain of 20\%?
(a)5
(b)8
(c)10
(d)15
Answer
Answer (as printed): B
Explanation
Let S.P. of 12 toffees be ₹ $x$. Then, $80: 1=120: x$ or $x=\left(\frac{120}{80}\right)=\frac{3}{2}$.

Explanation as extracted from the printed page; notation may be imperfect.

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