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:
156 comments Page 3 of 16.
Kushi said:
4 years ago
Now brought 4700.
Spends 800,
Sells 5800.
4700+800 = 5500.
5500 divided by 5800 * 100.
You will get 5 5 by 11.
Spends 800,
Sells 5800.
4700+800 = 5500.
5500 divided by 5800 * 100.
You will get 5 5 by 11.
(7)
Sakshi said:
1 year ago
CP = 4700 + 800 = 5500,
SP = 5800.
CP - SP = P
5800 - 5500 = 300.
P/CP * 100.
300/5500 * 100 = 5,
= 5/11.
SP = 5800.
CP - SP = P
5800 - 5500 = 300.
P/CP * 100.
300/5500 * 100 = 5,
= 5/11.
(7)
PRAVEEN said:
8 months ago
CP = 4700 + 800 = 5500,
CP - SP = 5500 - 5800 = 300,
P%= (300/5500) * 100 = 5(5/11)%.
CP - SP = 5500 - 5800 = 300,
P%= (300/5500) * 100 = 5(5/11)%.
(7)
Jayapriya said:
6 months ago
CP = 4700 + 800 = 5500.
SP = 5800,
Gain = 5800 - 5500 = 300,
Gain%= 300/5500 * 100 = 60/11.
SP = 5800,
Gain = 5800 - 5500 = 300,
Gain%= 300/5500 * 100 = 60/11.
(7)
KPR PERUMAL said:
5 months ago
TOTAL CP = 4700 + 800 = 5500.
SELLING PRICE = 5800.
PROFIT = 5800 - 5500 = 300,
= P/CP * 100.
= 300/5500 * 100,
= 5 5/11%.
SELLING PRICE = 5800.
PROFIT = 5800 - 5500 = 300,
= P/CP * 100.
= 300/5500 * 100,
= 5 5/11%.
(7)
Abhijit roy said:
5 years ago
I don't understand.
(6)
Pavi said:
4 years ago
Thanks for the good explanation.
(6)
Jayapriya said:
6 months ago
CP = 4700 + 800 = 5500
SP = 5800.
Gain = SP - CP = 5800 - 5500 = 300.
Gain% = Gain/CP * 100.
= 300/5500 * 100.
= 60/11.
Then 5 (5/11)%- Ans.
SP = 5800.
Gain = SP - CP = 5800 - 5500 = 300.
Gain% = Gain/CP * 100.
= 300/5500 * 100.
= 60/11.
Then 5 (5/11)%- Ans.
(6)
Soumya K said:
5 months ago
I think option B is correct.
(5)
NANDINI said:
2 months ago
Option B is correct because
CP = 4700 + 800 = 5500,
SP = 5800.
CP - SP = 5500 - 5800 = 300,
Gain%= (300/5500) * 100.
= 5 (5/11)%.
CP = 4700 + 800 = 5500,
SP = 5800.
CP - SP = 5500 - 5800 = 300,
Gain%= (300/5500) * 100.
= 5 (5/11)%.
(5)
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