A shopkeeper sells 12
toffees for Rs.25 and he
get 20% loss how many
toffees should he sells
in Rs. 25 so he get 20% profit
Answers
Answer:
The man sells 12 toffees for a rupee. Means he sells toffees worth 12 rupees.
But while doing so, he loses 20%. This 20% is nothing but 20% of the cost price.
So,
Let his cost price be x.
Now,
x — (x×0.2) = 12. (From the given data)
x * 0.8 = 12.
x = 15.
Now we know that the cost price of toffees was 15 Rs.
Next statement in the question asks how many toffees the man should sell for a rupee to gain 20% profit. (Assumption here is the toffees being refered to in both statements of the question are the same and hence will have the same cost price)
20% profit means 1.2 * CP (cost price)
Means, 1.2 * 15 which equals 18 Rs.
Now let's assume number of toffees to be sold at 1 Re to be n.
Mathematically,
n * 1 = 18
Hence, n=18.
So the man needs to sell 18 toffees to get 20% profit.