Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

A man bought toffees at 3 for a rupee. How many toffees for a rupee must he shell to gain 50% ?

Options:

4

1

3

2

Correct Answer:

2

Explanation:

If he wants to gain 50% and the price is same while buying as well as selling, then the quantity he bought will be 150% of what is to be sold to gain 50% means,

150% = 3 toffees

100% = 2 toffees