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 14 of 16.
Zunaid said:
3 years ago
Thanks all for the crystal clear explanation.
(9)
Madhusudhana rao said:
10 years ago
Please tell me the shortcut to solve this.
Navya said:
1 decade ago
Which one is correct either 25% or 50% ?
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:
1 decade ago
How to different the gain of sum?
Dhiraj kunwar said:
1 year ago
Thanks for explaining the answer.
(13)
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