Profit and Loss Practice Test 10

Question : 14 of 28

Marks: +1, -0

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

Solution:

C.P. of one toffee = Re.

1/6

S.P. of one toffee =

120/100×1/6

= Re.

1/5

Hence, he has to sell 5 toffees for a rupee.

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