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 12 of 15.
Santonu said:
1 decade ago
Can anyone explain, how to find divide?
If 523 is divided by 3 = ?
If 523 is divided by 3 = ?
Naveen said:
2 decades ago
Gain = Selling Price(SP) - Cost Price(CP)
Gain% = (Gain/C.P)*100
Gain% = (Gain/C.P)*100
(1)
Sujatha said:
1 decade ago
9-5+5*0+3=?
What is the answer for this question? Either 3 or 7 ?
What is the answer for this question? Either 3 or 7 ?
Manoj said:
5 years ago
How to convert 5.4545 into 5 5/11 mixed fraction? Please explain.
(1)
B ASHOK KUMAR said:
7 years ago
I would like to know whether gain calculated on CP or SP?
Pandab harichandan said:
1 decade ago
By selling an article 1500 losses 20%. Find cost price.
Rahul said:
1 decade ago
Answer is 5.454545. How to convert it on given answer?
Dimple said:
9 years ago
Why we divided it with Rs. 5500 and not with Rs. 5800?
Kshitij gurung said:
7 years ago
By the formula of profit %.
Profit% = (sp/cp -1)*100.
Profit% = (sp/cp -1)*100.
(2)
Rupesh kable said:
1 decade ago
But whats the percentage is added in purchase price?
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