A vendor bought toffees at 6 for a rupee. How many toffees must he sell for a rupee to make a 20% profit?
A
3
B
4
C
5
D
6
Correct Option:
C
Explanation
He buys 6 toffees for ₹1, so the cost of one toffee is ₹1/6. For a 20% profit, the selling price per toffee is (1/6) × 1.2 = ₹1/5. Therefore, he must sell 5 toffees for ₹1.
