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 15 of 16.
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:
4 weeks ago
I think option B is correct.
(2)
Sireen said:
7 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)
Nikhil Adatkar said:
9 years ago
How to find ratio?
Post your comments here:
Quick links
Quantitative Aptitude
Verbal (English)
Reasoning
Programming
Interview
Placement Papers