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 4 of 15.
Vikram said:
1 decade ago
If I sale a Things (A) in 240 it will be lose 10% in how much I have to sale it to get 30% profit ?
S.P = 240.
Lose 10%.
C.P = ?
Answer:
(90/100)*x = 240,
x = 24000/90.
C.P(x) = 266.667 Answer.
S.P = 240.
Lose 10%.
C.P = ?
Answer:
(90/100)*x = 240,
x = 24000/90.
C.P(x) = 266.667 Answer.
Piyush said:
1 decade ago
@Vivek.
As, %gain = (gain/C.P)*100.
And gain = S.P - C.P.
Let,
C.P. = x.
S.P = 1320.
%gain = 10.
Gain=1320 - x.
Putting in %gain formula,
10 = ((1320-x)/x)*100.
x = 13200/11.
x = 1200.
As, %gain = (gain/C.P)*100.
And gain = S.P - C.P.
Let,
C.P. = x.
S.P = 1320.
%gain = 10.
Gain=1320 - x.
Putting in %gain formula,
10 = ((1320-x)/x)*100.
x = 13200/11.
x = 1200.
Ashwini madne said:
9 years ago
60/11.
Take a number in 11th table which is nearest to 60 ie (11 * 5 = 55).
Quotient = 5.
Divisor 11.
But we want 60 so add 5 in 55.
i.e (11 * 5 + 5/11).
Remainder = 5.
So, 5(5/11).
Take a number in 11th table which is nearest to 60 ie (11 * 5 = 55).
Quotient = 5.
Divisor 11.
But we want 60 so add 5 in 55.
i.e (11 * 5 + 5/11).
Remainder = 5.
So, 5(5/11).
Veena patel said:
1 decade ago
Let cost price = c.p and selling price = s.p.
Given:
20 c.p = s.p (x)(since, if profit is 25% then s.p would be 125% of c.p).
So 20 c.p = 1.25 c.p (x)(125/100).
x = 2000/125.
x = 16.
Given:
20 c.p = s.p (x)(since, if profit is 25% then s.p would be 125% of c.p).
So 20 c.p = 1.25 c.p (x)(125/100).
x = 2000/125.
x = 16.
Premchand said:
8 years ago
170kg*Rs.5.80=Rs.986.
130kg*Rs.5.30=Rs.689.
Total C.P=Rs.986+Rs.689=Rs.1675.
Gain= Rs.161.
S.P=C.P+Gain.
=Rs.1675+Rs.161.
=Rs.1736.
The rate of the mixture let kg=(1736/300)=Rs.5.786.
130kg*Rs.5.30=Rs.689.
Total C.P=Rs.986+Rs.689=Rs.1675.
Gain= Rs.161.
S.P=C.P+Gain.
=Rs.1675+Rs.161.
=Rs.1736.
The rate of the mixture let kg=(1736/300)=Rs.5.786.
Ankush Kumar said:
2 years ago
CP = 4700
REPAIRS = 800
TOTAL = 5500
SP = 5800
PROFIT = 5800-5500
= 300.
GAIN PERCENT = 300/5500*100,
= 60/11,
So, the answer is = 5(5/11).
REPAIRS = 800
TOTAL = 5500
SP = 5800
PROFIT = 5800-5500
= 300.
GAIN PERCENT = 300/5500*100,
= 60/11,
So, the answer is = 5(5/11).
(12)
Subhransu biswal said:
1 decade ago
20% of 480 = 480*20/100 i.e. Rs.96
total c.p. = 480+96 i.e. 576
the question is to make a profit of Rs144 into%.
so,profit/cp*100
= 144/576*100
=25%
aamit, this is your right answer.
total c.p. = 480+96 i.e. 576
the question is to make a profit of Rs144 into%.
so,profit/cp*100
= 144/576*100
=25%
aamit, this is your right answer.
Malan said:
10 years ago
Small correction.
- Consider the selling price is 100.
- He buys it @ 9/10 of sp = 90.
- He sells it wit 8% profit of sp = 108.
- Then 108-90 = 18.
18/90*100 = 20% not 18%.
- Consider the selling price is 100.
- He buys it @ 9/10 of sp = 90.
- He sells it wit 8% profit of sp = 108.
- Then 108-90 = 18.
18/90*100 = 20% not 18%.
Bhavnesh kehra said:
1 decade ago
As per purchase cost is =5500.
Then he sells it to rs = 5800.
Less sp - cp = gain.
5800-5500 = 300.
If we want to find out the gain in % the use formula = (gain/cp) *100.
Then he sells it to rs = 5800.
Less sp - cp = gain.
5800-5500 = 300.
If we want to find out the gain in % the use formula = (gain/cp) *100.
Niharika Kashyap said:
1 decade ago
SP = 5800.
CP = 4700+800 (money spend by Alfred).
So, the new CP will be = 5500.
Profit = SP-CP.
= 5800-5500 = 300 Rs.
Profit % = Profit*100/CP.
= 300*100/5500.
= 5.45.
CP = 4700+800 (money spend by Alfred).
So, the new CP will be = 5500.
Profit = SP-CP.
= 5800-5500 = 300 Rs.
Profit % = Profit*100/CP.
= 300*100/5500.
= 5.45.
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