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:
145 comments Page 15 of 15.
Bhula said:
7 years ago
25% is the right answer.
Abhijit roy said:
4 years ago
I don't understand.
(6)
Nikhil Adatkar said:
8 years ago
How to find ratio?
Nischal said:
9 years ago
It is 25% @Aamir.
Naresh said:
1 decade ago
How 50%?
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