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:
152 comments Page 11 of 16.
Pandab harichandan said:
1 decade ago
By selling an article 1500 losses 20%. Find cost price.
Bharath said:
1 decade ago
@Pooja.
- Consider the selling price is 100.
- He buys it @ 9/10 of sp = 90.
- He sells it wit 8% profit of sp = 108 .
- Then 108-90= 18.
- He gets 18% profit.
- Consider the selling price is 100.
- He buys it @ 9/10 of sp = 90.
- He sells it wit 8% profit of sp = 108 .
- Then 108-90= 18.
- He gets 18% profit.
Ramkumar said:
1 decade ago
Why we add to divide a 30/5800*100.
I was confused please teach me?
I was confused please teach me?
Dsdcds said:
1 decade ago
Is repair price included in the cost?
(2)
BHASKAR said:
1 decade ago
CP = 4700.
SP = 5800.
REPAIR PRICE = 800.
SO CP = 5500.
PROFIT = SP-CP.
P = 5800-5500.
P = 300.
GAIN = PROFIT/CP*100.
G = 300/5500*100.
GAIN = 5*5/11.
SP = 5800.
REPAIR PRICE = 800.
SO CP = 5500.
PROFIT = SP-CP.
P = 5800-5500.
P = 300.
GAIN = PROFIT/CP*100.
G = 300/5500*100.
GAIN = 5*5/11.
Piyush said:
1 decade ago
@Vivek.
As, %gain = (gain/C.P)*100.
And gain = S.P - C.P.
Let,
C.P. = x.
S.P = 1320.
%gain = 10.
Gain=1320 - x.
Putting in %gain formula,
10 = ((1320-x)/x)*100.
x = 13200/11.
x = 1200.
As, %gain = (gain/C.P)*100.
And gain = S.P - C.P.
Let,
C.P. = x.
S.P = 1320.
%gain = 10.
Gain=1320 - x.
Putting in %gain formula,
10 = ((1320-x)/x)*100.
x = 13200/11.
x = 1200.
NAVEENKUMAR N L said:
1 decade ago
@Vivek.
C.P = ?
S.P = 1320.
Gain g =10%.
S.P = [(100+g%)/100]*C.P.
1320 = [(100+10)/100]*C.P.
C.P = (1320*100)/110.
C.P = 13200/11.
C.P = 1200.
C.P = ?
S.P = 1320.
Gain g =10%.
S.P = [(100+g%)/100]*C.P.
1320 = [(100+10)/100]*C.P.
C.P = (1320*100)/110.
C.P = 13200/11.
C.P = 1200.
Vivek said:
1 decade ago
By selling a table for Rs:1320. A trader gain 10%.
Find the C.P. of table?
Find the C.P. of table?
Sayantan singha said:
1 decade ago
Cost price 4700.
After repairing the total price is: (4700+800) = 5500.
Selling price = 5800.
Profit percent = ( (300/5500) *100) = 60/11 %.
After repairing the total price is: (4700+800) = 5500.
Selling price = 5800.
Profit percent = ( (300/5500) *100) = 60/11 %.
Troy said:
1 decade ago
Why do you put the 800 hundred in the problem? and how do you turn it in an percentage?
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