Aptitude - Profit and Loss - Discussion
Discussion Forum : Profit and Loss - General Questions (Q.No. 1)
1.
Alfred buys an old scooter for Rs. 4700 and spends Rs. 800 on its repairs. If he sells the scooter for Rs. 5800, his gain percent is:
Answer: Option
Explanation:
Cost Price (C.P.) = Rs. (4700 + 800) = Rs. 5500.
Selling Price (S.P.) = Rs. 5800.
Gain = (S.P.) - (C.P.) = Rs.(5800 - 5500) = Rs. 300.
| Gain % = |  |
300 | x 100 |  % |
= 5 | 5 | % |
| 5500 | 11 |
Discussion:
155 comments Page 1 of 16.
Abhijit Mazumder said:
3 weeks ago
Agree, (B) is the correct answer.
(2)
NANDINI said:
3 weeks ago
Option B is correct because
CP = 4700 + 800 = 5500,
SP = 5800.
CP - SP = 5500 - 5800 = 300,
Gain%= (300/5500) * 100.
= 5 (5/11)%.
CP = 4700 + 800 = 5500,
SP = 5800.
CP - SP = 5500 - 5800 = 300,
Gain%= (300/5500) * 100.
= 5 (5/11)%.
(2)
Yokesh said:
2 months ago
Good, thanks for explaining the answer.
(9)
KPR PERUMAL said:
4 months ago
TOTAL CP = 4700 + 800 = 5500.
SELLING PRICE = 5800.
PROFIT = 5800 - 5500 = 300,
= P/CP * 100.
= 300/5500 * 100,
= 5 5/11%.
SELLING PRICE = 5800.
PROFIT = 5800 - 5500 = 300,
= P/CP * 100.
= 300/5500 * 100,
= 5 5/11%.
(6)
Soumya K said:
4 months ago
I think option B is correct.
(3)
Jayapriya said:
4 months ago
CP = 4700 + 800 = 5500
SP = 5800.
Gain = SP - CP = 5800 - 5500 = 300.
Gain% = Gain/CP * 100.
= 300/5500 * 100.
= 60/11.
Then 5 (5/11)%- Ans.
SP = 5800.
Gain = SP - CP = 5800 - 5500 = 300.
Gain% = Gain/CP * 100.
= 300/5500 * 100.
= 60/11.
Then 5 (5/11)%- Ans.
(5)
Jayapriya said:
4 months ago
CP = 4700 + 800 = 5500.
SP = 5800,
Gain = 5800 - 5500 = 300,
Gain%= 300/5500 * 100 = 60/11.
SP = 5800,
Gain = 5800 - 5500 = 300,
Gain%= 300/5500 * 100 = 60/11.
(6)
PRAVEEN said:
6 months ago
CP = 4700 + 800 = 5500,
CP - SP = 5500 - 5800 = 300,
P%= (300/5500) * 100 = 5(5/11)%.
CP - SP = 5500 - 5800 = 300,
P%= (300/5500) * 100 = 5(5/11)%.
(6)
Goku said:
6 months ago
CP = 4700 + 800 = 5500.
SP = 5800.
Gain(profit) = SP-CP = 5800 - 5500 = 300.
Gain% = Gain/CP × 100
Gain% = 300/5500 × 100.
= 300/55.
= 60/11.
Divide 60/11 remainder : 5.
= 5 5/11%.
SP = 5800.
Gain(profit) = SP-CP = 5800 - 5500 = 300.
Gain% = Gain/CP × 100
Gain% = 300/5500 × 100.
= 300/55.
= 60/11.
Divide 60/11 remainder : 5.
= 5 5/11%.
(17)
Sireen said:
10 months ago
Thanks all for explaining.
(21)
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