A farmer bought toffees at 6 for a rupee. How many for a rupee must he sell to gain 20% ?
A. 7
B. 6
C. 5
D. 2
Answer : C. 5
Explanation:
Cost Price(C.P) of 6 toffees = Re. 1
Selling Price(S.P) of 6 toffees = 120% of Re. 1
= Rs. 6/5
For Rs. 6/5 toffees sold = 6.
For Re. 1, toffees sold = 6 x 5/6
= 5.
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