If Mohan buys 20 buttons for ₹1, how many buttons should he sell for ₹1 to make a profit of 25%?

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If Mohan Buys 20 Buttons for ₹1

If Mohan buys 20 buttons for ₹1, how many buttons should he sell for ₹1 to make a profit of 25%?

Options: A) 18 B) 16 C) 15 D) 20

Solution:

Cost price of 1 button = ₹1 / 20 = ₹0.05

Selling price of 1 button = ₹0.05 × 1.25 = ₹0.0625

Number of buttons sold for ₹1 = ₹1 / ₹0.0625 = 16

Mohan should sell 16 buttons for ₹1 to make a profit of 25%.

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