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A vendor bought toffees at 6 for a rupee. ...

1

A vendor bought toffees at 6 for a rupee. How many for a rupee must he sell to gain 20%?

  1. 3
  2. 4
  3. 5
  4. 6
Asked By : SubramanianCategory : Profit and Loss
Answer
c. 5
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CP=SP(100)/(100+profit)
1/6= SP (100/120)
SP= 0.2 (for a toffee)
1/0.2= 5

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5

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