A farmer bought toffees at 6 for a rupee. How many for a rupee must he sell to gain 20%?
- 3
- 5
- 4
- 6
Explanation
6 toffees ---> 1 RS
Given profit % = 20%
=> S.P of 6 toffees = 1.2 RS
Now consider only S.P
1.2 re--> 6 toffee
1 re --->? Toffee
6/1.2 = 5
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- 20%
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