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:
145 comments Page 11 of 15.
Gunashree said:
10 years ago
Final answer we got is improper fraction 60/11.
We convert it into mixed number so divide 60 by 11.
11)60(5
55
----
05
We write it in the form of 5(5/15).
We convert it into mixed number so divide 60 by 11.
11)60(5
55
----
05
We write it in the form of 5(5/15).
Hun said:
10 years ago
Cost price (Rs.)(4700+800) = 15.5500.
Selling price = (S.P)-(C.P) = Rs.(5800-5500) = Rs.300.
Gain%(300\5500)x100% = 5(5\11)%
Selling price = (S.P)-(C.P) = Rs.(5800-5500) = Rs.300.
Gain%(300\5500)x100% = 5(5\11)%
Anu said:
9 years ago
How to different the gain of sum?
Dimple said:
9 years ago
Why we divided it with Rs. 5500 and not with Rs. 5800?
Naresh said:
9 years ago
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:
CP: 4700 + 800 = 5500
Sp: 5800
Gain% = 5800 - 5500
Gain = 300
=> 300 * 100 / 5500 = 60/11.
=> 5(5/11) %.
CP: 4700 + 800 = 5500
Sp: 5800
Gain% = 5800 - 5500
Gain = 300
=> 300 * 100 / 5500 = 60/11.
=> 5(5/11) %.
Vikas said:
9 years ago
Cp of article 20Rs. Then
20 is equal to 100.
Q say to find sales value and include profit
Then 20/100-125 = 25.
20 is equal to 100.
Q say to find sales value and include profit
Then 20/100-125 = 25.
Rajesh kumar said:
9 years ago
C.P. = 4700 + 800.
= 5500.
S.P. = 5800.
Now,
C.P : S.P = 55 : 58.
3*100/55 = 5(5/11).
= 5500.
S.P. = 5800.
Now,
C.P : S.P = 55 : 58.
3*100/55 = 5(5/11).
Arun said:
9 years ago
I can understand all the function but how the answer is 5 (5/11)?
Please explain me.
Please explain me.
Ashwini madne said:
9 years ago
60/11.
Take a number in 11th table which is nearest to 60 ie (11 * 5 = 55).
Quotient = 5.
Divisor 11.
But we want 60 so add 5 in 55.
i.e (11 * 5 + 5/11).
Remainder = 5.
So, 5(5/11).
Take a number in 11th table which is nearest to 60 ie (11 * 5 = 55).
Quotient = 5.
Divisor 11.
But we want 60 so add 5 in 55.
i.e (11 * 5 + 5/11).
Remainder = 5.
So, 5(5/11).
Seema said:
9 years ago
I didn't understand it, can anyone write it clearly?
How the answer came ie. the gain?
How the answer came ie. the gain?
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