Profit And Loss Q5

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

Answer: Option C

Explanation:

C.P. of 6 toffees = Re. 1

S.P. of 6 toffees = 120% of Re. 1 = Rs.	6
	5

For Rs.	6	, toffees sold = 6.
	5

For Re. 1, toffees sold =		6 x	5		= 5.
			6