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A vendor bought toffies at 6 for a Rupee. How many for a Rupee must he sell to gain 20%?

Cost Price of 1 Toffee = Rs 1/6Gain = 20% of Cost Price ==> (20/100) x 1/6 = 1/30Selling Price = Cost Price + Gain ==> 1/6+1/30 = 1/5Number of toffees for Rs 1/5 = 1Number of toffees for Re 1 = 5He should sell 5 toffies for 1 Rupee to gain a profit of 20%

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If loss is 1/4 of selling price, the loss% is:

Let Selling Price = x, then loss= x/4Cost Price = Selling Price + Loss = 5x/4So, Loss% =[Loss/Cost Price] x 100 Loss% = [(x/4)/(5x/4)] x 100 = 20%

Ajay sells an article that costs him Rs. 400/- to Vijay at a profit of 25%. Vijay sells it to Sanjay making a profit of 10% on the amount Vijay paid to Ajay. How much does Sanjay pay?

Selling Price for Ajay = Cost Price + Gain==> 400+(25/100) x 400 = 500.This is cost price for Vijay. Selling price for Vijay = 500 + 10% of 500==> 500 +(10/100) x 500 = 550.So the amount Sanjay pays is 550.