The vendor bought toffees at 6 for a rupee. This means the cost price of each toffee for the vendor is 1/6 rupees.

The vendor wants to gain 20% profit. So, the selling price of each toffee should be 120% of the cost price.

Let's calculate:

120% of 1/6 = 120/100 * 1/6 = 1/5 rupees.

So, the vendor must sell each toffee for 1/5 rupees to gain a 20% profit.

This means he must sell 5 toffees for a rupee.

So, the answer is (C) 5.

Question

The vendor bought toffees at 6 for a rupee. This means the cost price of each toffee for the vendor is 1/6 rupees.

The vendor wants to gain 20% profit. So, the selling price of each toffee should be 120% of the cost price.

Let's calculate:

120% of 1/6 = 120/100 * 1/6 = 1/5 rupees.

So, the vendor must sell each toffee for 1/5 rupees to gain a 20% profit.

This means he must sell 5 toffees for a rupee.

So, the answer is (C) 5.

Knowee AI · Accepted Answer

The vendor bought toffees at 6 for a rupee. This means the cost price of each toffee for the vendor is 1/6 rupees.

The vendor wants to gain 20% profit. So, the selling price of each toffee should be 120% of the cost price.

Let's calculate:

120% of 1/6 = 120/100 * 1/6 = 1/5 rupees.

So, the vendor must sell each toffee for 1/5 rupees to gain a 20% profit.

This means he must sell 5 toffees for a rupee.

So, the answer is (C) 5.

A vendor bought toffees at 6 for a rupee. How many for a rupee must he sell to gain 20%?(A) 3 (B) 4 (C) 5 (D) 6