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:
153 comments Page 15 of 16.
Dhiraj kunwar said:
2 years 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.
(53)
Kiran Giri said:
9 years ago
The correct answer is 5.45%.
Soumya K said:
2 months ago
I think option B is correct.
(2)
Sireen said:
8 months ago
Thanks all for explaining.
(19)
Deepak Chauhan said:
8 years ago
Add 25% of 576, i.e 144.
Bhula said:
8 years ago
25% is the right answer.
Abhijit roy said:
5 years ago
I don't understand.
(6)
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