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 3 of 15.
Shankar said:
10 years ago
Guys we got 60/11 is final now don't to make to right option we have convert it to numerator 60 into fractional of 11 like below:
= (5+55) /11.
Then suppurate it 5/11+55/11.
Finally it option B 5/11+5 we can also write this is as 5 (5/11).
= (5+55) /11.
Then suppurate it 5/11+55/11.
Finally it option B 5/11+5 we can also write this is as 5 (5/11).
Naresh said:
9 years ago
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:
CP: 4700 + 800 = 5500
Sp: 5800
Gain% = 5800 - 5500
Gain = 300
=> 300 * 100 / 5500 = 60/11.
=> 5(5/11) %.
CP: 4700 + 800 = 5500
Sp: 5800
Gain% = 5800 - 5500
Gain = 300
=> 300 * 100 / 5500 = 60/11.
=> 5(5/11) %.
Rani Singh said:
9 years ago
His sp = 5800.
CP = 4700 + 800 = 5500.
Gain = Sp - cp.
Gain = 5800 - 5500.
Gain = 300.
Den we want to find gain%.
Gain% = gain * 100/vo.
Gain% = 300 * 100 / 5500.
After calculation,
We get 60/11.
And this no. Also write as option B.
CP = 4700 + 800 = 5500.
Gain = Sp - cp.
Gain = 5800 - 5500.
Gain = 300.
Den we want to find gain%.
Gain% = gain * 100/vo.
Gain% = 300 * 100 / 5500.
After calculation,
We get 60/11.
And this no. Also write as option B.
Rupak said:
4 years ago
Here it is Given;
CP of 20 articles = SP of x article.
So let us consider 1aricle is Rs 1 In CP.
So CP = 20.
And at all, we have profit percent of 25%.
So we can equate like;
20 = (1+25% of 1)* X,
20 = 1.25X,
X = 20/1.25,
X = 16.
CP of 20 articles = SP of x article.
So let us consider 1aricle is Rs 1 In CP.
So CP = 20.
And at all, we have profit percent of 25%.
So we can equate like;
20 = (1+25% of 1)* X,
20 = 1.25X,
X = 20/1.25,
X = 16.
(1)
Reshma Ravindran said:
8 years ago
Please solve this problem.
Vishnu bought 170 kg of sugar at the rate of RS.5.80 per kg and mixed it in 130 kg sugar purchased at RS.5.30 per kg.He sold the mixture with a profit of Rs.161.
The rate of the mixture let kg was?
Vishnu bought 170 kg of sugar at the rate of RS.5.80 per kg and mixed it in 130 kg sugar purchased at RS.5.30 per kg.He sold the mixture with a profit of Rs.161.
The rate of the mixture let kg was?
SAI said:
1 decade ago
He spent 20% on it repairing.
So 480+480*20/100 = 480+96 = 576.
It is C.P.
Profit% = Profit/C.P*100.
Substitute in that formula.
We know from given sum.
P = 144.
P% = 144/576*100.
P% = 14400/576.
Profit% is 25.
So 480+480*20/100 = 480+96 = 576.
It is C.P.
Profit% = Profit/C.P*100.
Substitute in that formula.
We know from given sum.
P = 144.
P% = 144/576*100.
P% = 14400/576.
Profit% is 25.
Aamir said:
1 decade ago
Please solve and explain to this question.
Q.1) A carpenter bought an old table at Rs 480 and spent 20% of it on repairing. If he wants to make a profit of Rs 144 then what percentage should be added in purchase price?
Q.1) A carpenter bought an old table at Rs 480 and spent 20% of it on repairing. If he wants to make a profit of Rs 144 then what percentage should be added in purchase price?
Sumit Kumar Giri said:
2 years ago
Given that,
CP = 4700 but spends the repairs scooter 800 so,
Total cp = 4700 + 800 = 5500,
Sp = 5800.
gain = Sp - Cp.
gain = 5800 - 5500=300,
gain% = gain × 100/Cp,
gain% = 300 × 100/5500 =60/11%.
gain% = 5.45%.
CP = 4700 but spends the repairs scooter 800 so,
Total cp = 4700 + 800 = 5500,
Sp = 5800.
gain = Sp - Cp.
gain = 5800 - 5500=300,
gain% = gain × 100/Cp,
gain% = 300 × 100/5500 =60/11%.
gain% = 5.45%.
(35)
Sagar patil said:
4 years ago
It is 300/5500*100.
i.e 30000/5500,
i.e 60/11.
The formula is
Quotient : Remainder/Dividend.
Then you will get 5(5/11).
i.e 30000/5500,
i.e 60/11.
The formula is
Quotient : Remainder/Dividend.
Then you will get 5(5/11).
(12)
CLARA said:
1 decade ago
Cost price is 4700.
Expenses on repair is 800.
Total cost price is = 4700+800 = 5500.
Selling price = 5800.
Gain = Selling price-Cost price.
G = 5800-5500.
Answer = 300.
% = 300/5500 *100%.
= 5.45.
Expenses on repair is 800.
Total cost price is = 4700+800 = 5500.
Selling price = 5800.
Gain = Selling price-Cost price.
G = 5800-5500.
Answer = 300.
% = 300/5500 *100%.
= 5.45.
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