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 12 of 16.
Soni said:
1 decade ago
Why do you add profit with maintenance cost? Explain me in clear manner.
Dhruv A said:
9 years ago
5 5/11 gives the result 5.454545 % if converted into a vulgar fraction.
Christhu said:
1 decade ago
Need a better explanation. Which answer is correct, either 50% or 25%?
Yugendhar said:
1 decade ago
5 5/11 means, you can calculate it as follow.
((5*11)+5)/11 = 60/11.
((5*11)+5)/11 = 60/11.
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?
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:
6 years ago
How to convert 5.4545 into 5 5/11 mixed fraction? Please explain.
(2)
B ASHOK KUMAR said:
8 years ago
I would like to know whether gain calculated on CP or SP?
Post your comments here:
Quick links
Quantitative Aptitude
Verbal (English)
Reasoning
Programming
Interview
Placement Papers