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:
159 comments Page 14 of 16.
Sayak Chakraborty said:
3 years ago
Thank you for the solution. It's very helpful.
(12)
Kalpana said:
2 decades ago
@ sam
900%
S.P-C.P= Gain
Gain %= Gain/C.P*100
900%
S.P-C.P= Gain
Gain %= Gain/C.P*100
Zunaid said:
4 years ago
Thanks all for the crystal clear explanation.
(9)
Madhusudhana rao said:
1 decade ago
Please tell me the shortcut to solve this.
Afrifa Yamoah Ponko Boamah said:
2 months ago
This is great, thanks all for explaining.
(1)
Anika said:
2 weeks ago
Very confusing. Can anyone explain to me?
Navya said:
1 decade ago
Which one is correct either 25% or 50% ?
Mohamed shahid said:
7 years ago
How did you take 60/11 can you explain?
Yokesh said:
5 months ago
Good, thanks for explaining the answer.
(13)
Dsdcds said:
1 decade ago
Is repair price included in the cost?
(2)
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