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:
146 comments Page 14 of 15.
Nikhil Adatkar said:
8 years ago
How to find ratio?
Suraj gurung said:
8 years ago
170kg*rs5.80=Rs 986
130kg*Rs5.30=Rs689
A/Q
Total C.P=Rs 986+Rs 689
=Rs 1675.
Gain= Rs 161.
S.P=C.P+Gain,
=Rs1675+161,
=Rs 1736.
130kg*Rs5.30=Rs689
A/Q
Total C.P=Rs 986+Rs 689
=Rs 1675.
Gain= Rs 161.
S.P=C.P+Gain,
=Rs1675+161,
=Rs 1736.
Premchand said:
8 years ago
170kg*Rs.5.80=Rs.986.
130kg*Rs.5.30=Rs.689.
Total C.P=Rs.986+Rs.689=Rs.1675.
Gain= Rs.161.
S.P=C.P+Gain.
=Rs.1675+Rs.161.
=Rs.1736.
The rate of the mixture let kg=(1736/300)=Rs.5.786.
130kg*Rs.5.30=Rs.689.
Total C.P=Rs.986+Rs.689=Rs.1675.
Gain= Rs.161.
S.P=C.P+Gain.
=Rs.1675+Rs.161.
=Rs.1736.
The rate of the mixture let kg=(1736/300)=Rs.5.786.
Deepak Chauhan said:
8 years ago
Add 25% of 576, i.e 144.
B ASHOK KUMAR said:
7 years ago
I would like to know whether gain calculated on CP or SP?
Bhula said:
7 years ago
25% is the right answer.
Sameer Bhoi said:
7 years ago
Simple logic.
If the c.p of 20 articles is = 20rupees,
So 20=100%.
The s.p of x articles is = 20rupees,
if gain% is 25% it means 20 rupees of c.p is = 125%.
We need to understand that 5 is 25% of 20.
So 100%+25%=20+5,
125%=25.
Now we can find the s.p of 1 articles
s.p 25÷20 c.p =1.25.
The s.p of 1 articles is =1.25.
Now we can find the sold (x) articles those make 20 rupees
20÷1.25=16.
Sold articles is =16 Ans,
And.
20*1.25=25,
25 = 125% of c.p 20.
If the c.p of 20 articles is = 20rupees,
So 20=100%.
The s.p of x articles is = 20rupees,
if gain% is 25% it means 20 rupees of c.p is = 125%.
We need to understand that 5 is 25% of 20.
So 100%+25%=20+5,
125%=25.
Now we can find the s.p of 1 articles
s.p 25÷20 c.p =1.25.
The s.p of 1 articles is =1.25.
Now we can find the sold (x) articles those make 20 rupees
20÷1.25=16.
Sold articles is =16 Ans,
And.
20*1.25=25,
25 = 125% of c.p 20.
Sameer Bhoi said:
7 years ago
If the c.p of 20 articles is=20rupees.
So 20=100%.
The s.p of x articles is=20rupees,
If gain% is 25% it means 20 rupees of c.p is= 125%.
We need to understand that 5 is 25% of 20.
so 100%+25%=20+5,
125%=25.
Now we can find the s.p of 1 articles,
s.p 25÷20 c.p =1.25
The s.p of 1 articles is =1.25.
Now we can find the sold (x) articles those make 20 rupees,
20÷1.25=16.
Sold articles is =16 Ans.
And
20*1.25=25,
25=125% of c.p 20.
So 20=100%.
The s.p of x articles is=20rupees,
If gain% is 25% it means 20 rupees of c.p is= 125%.
We need to understand that 5 is 25% of 20.
so 100%+25%=20+5,
125%=25.
Now we can find the s.p of 1 articles,
s.p 25÷20 c.p =1.25
The s.p of 1 articles is =1.25.
Now we can find the sold (x) articles those make 20 rupees,
20÷1.25=16.
Sold articles is =16 Ans.
And
20*1.25=25,
25=125% of c.p 20.
Supritha said:
7 years ago
How is divided [300*100]/5500?
I don't understand, please explain in detail.
I don't understand, please explain in detail.
Mustafa said:
7 years ago
How can we find cost price, if selling price and profit percentage is given?
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