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:
148 comments Page 14 of 15.
Mohamed shahid said:
6 years ago
How did you take 60/11 can you explain?
Dsdcds said:
1 decade ago
Is repair price included in the cost?
(2)
Kushal said:
1 decade ago
Thanks for such a nice explanation.
ASSY said:
1 decade ago
What is the meaning of Rs? Please!
Sonu kr said:
2 years ago
Nice explanation. Thanks everyone.
(20)
Anu said:
10 years ago
How to different the gain of sum?
Dhiraj kunwar said:
1 year ago
Thanks for explaining the answer.
(13)
Pavi said:
4 years ago
Thanks for the good explanation.
(6)
Malathy said:
1 decade ago
Thanks rahul nice explanation.
Shirisha SR said:
2 years ago
Good explanation, thanks all.
(52)
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