A vendor bought toffees at 6 for a rupee. How many for a rupee must he sell to gain20%?

Question

A vendor bought toffees at 6 for a rupee. How many for a rupee must he sell to gain20%?
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Solution 1

Step 1: Determine the cost price of each toffee for the vendor. Since the vendor bought 6 toffees for a rupee, the cost price of each toffee is 1/6 = 0.167 rupees.

Step 2: Calculate the selling price for each toffee to gain a profit of 20%. The formula to calculate the selling price is: Selling Pri Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob

Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solv

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