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

Answer : C. 5

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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