ABC26GN2678 · Profit and Loss

Subject: General Aptitude · Chapter: Profit and Loss · Exam: · Marks: · Difficulty:

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.