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Mathematics Mcqs
Q
A vendor bought toffees at 6 for a rupee. How many for a rupee must he sell to gain 20%?
AA. 3
BB. 4
CC. 5
DD. 6
Correct Answer:
C. C. 5
Explanation:
The vendor wants to gain 20%. This means for every Re. 1 spent, he needs to get the value of Rs. 1.20 back.
Cost Value: 100%
Selling Value: 120%
Value Ratio (Cost to Sell): 100 : 120 β 5 : 6