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 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:
11 months 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)
Abhijit roy said:
5 years ago
I don't understand.
(6)
Pavi said:
4 years ago
Thanks for the good explanation.
(6)
PRAVEEN said:
6 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)%.
(6)
Jayapriya said:
4 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.
(6)
KPR PERUMAL said:
4 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%.
(6)
Jayapriya said:
4 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.
(5)
Soumya K said:
4 months ago
I think option B is correct.
(3)
Dsdcds said:
1 decade ago
Is repair price included in the cost?
(2)
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