The vendor bought 6 bananas for 1 rupee. This means the cost price of each banana is 1/6 rupees.

The vendor wants to gain 20% profit. So, the selling price of each banana should be 120% of the cost price.

120% of 1/6 rupees is (120/100)*(1/6) = 1/5 rupees.

So, the vendor must sell bananas at 5 for a rupee to gain a 20% profit.

Therefore, the correct answer is 5.

Question

The vendor bought 6 bananas for 1 rupee. This means the cost price of each banana is 1/6 rupees.

The vendor wants to gain 20% profit. So, the selling price of each banana should be 120% of the cost price.

120% of 1/6 rupees is (120/100)*(1/6) = 1/5 rupees.

So, the vendor must sell bananas at 5 for a rupee to gain a 20% profit.

Therefore, the correct answer is 5.

Knowee AI · Accepted Answer

The vendor bought 6 bananas for 1 rupee. This means the cost price of each banana is 1/6 rupees.

The vendor wants to gain 20% profit. So, the selling price of each banana should be 120% of the cost price.

120% of 1/6 rupees is (120/100)*(1/6) = 1/5 rupees.

So, the vendor must sell bananas at 5 for a rupee to gain a 20% profit.

Therefore, the correct answer is 5.

Select the correct answerA vendor bought bananas at 6 for a rupee. How many for a rupee must he sell to gain 20%?Options4356