HireMee Written Test Qs.(Quantitative Aptitude) :: Profit and Loss - Discussion

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Explanation:
here Gain%=20
now formula is gain%=(gain*100)/cp
i.e 20=(gain*100)/1
i.e 20/100=gain
gain=0.2
so 6 tofees will be sold at 1.2 rs to gain 20%
0.20 for each toffee
i.e 5 toffess will be sold at 1 rs