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:
155 comments Page 15 of 16.
Anu said:
1 decade ago
How to different the gain of sum?
Dhiraj kunwar said:
2 years ago
Thanks for explaining the answer.
(13)
Abhijit Mazumder said:
3 weeks ago
Agree, (B) is the correct answer.
(2)
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:
10 years ago
The correct answer is 5.45%.
Soumya K said:
4 months ago
I think option B is correct.
(3)
Sireen said:
10 months ago
Thanks all for explaining.
(21)
Deepak Chauhan said:
8 years ago
Add 25% of 576, i.e 144.
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