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:
159 comments Page 15 of 16.
Dhanavarshini said:
3 weeks ago
Thanks all for explaining the answer.
Kushal said:
2 decades ago
Thanks for such a nice explanation.
ASSY said:
1 decade ago
What is the meaning of Rs? Please!
Sonu kr said:
3 years ago
Nice explanation. Thanks everyone.
(20)
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:
4 months ago
Agree, (B) is the correct answer.
(5)
Pavi said:
5 years ago
Thanks for the good explanation.
(6)
Malathy said:
2 decades ago
Thanks rahul nice explanation.
Shirisha SR said:
3 years ago
Good explanation, thanks all.
(53)
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