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 5 of 15.
Abishnath M.G said:
1 decade ago
Most of doubt relating to how to get 5/11 = 0.45.
Easy way to think 5/10 = 0.50 think properly connect.
Easy way to think 5/10 = 0.50 think properly connect.
Dexter said:
1 decade ago
Most of doubt relating to how to get 5(5/11).
It' easy. It's a mixed fraction. After dividing 300*100/5500. WE GET 60/11. CALCULATE 60/11 by long division method we get quotent 5 and remainder 5 and divisor 11. Here is the way :- Quotient 5(Remainder 5/Divisor 11).
It' easy. It's a mixed fraction. After dividing 300*100/5500. WE GET 60/11. CALCULATE 60/11 by long division method we get quotent 5 and remainder 5 and divisor 11. Here is the way :- Quotient 5(Remainder 5/Divisor 11).
Troy said:
1 decade ago
Why do you put the 800 hundred in the problem? and how do you turn it in an percentage?
Sayantan singha said:
1 decade ago
Cost price 4700.
After repairing the total price is: (4700+800) = 5500.
Selling price = 5800.
Profit percent = ( (300/5500) *100) = 60/11 %.
After repairing the total price is: (4700+800) = 5500.
Selling price = 5800.
Profit percent = ( (300/5500) *100) = 60/11 %.
Vivek said:
1 decade ago
By selling a table for Rs:1320. A trader gain 10%.
Find the C.P. of table?
Find the C.P. of table?
NAVEENKUMAR N L said:
1 decade ago
@Vivek.
C.P = ?
S.P = 1320.
Gain g =10%.
S.P = [(100+g%)/100]*C.P.
1320 = [(100+10)/100]*C.P.
C.P = (1320*100)/110.
C.P = 13200/11.
C.P = 1200.
C.P = ?
S.P = 1320.
Gain g =10%.
S.P = [(100+g%)/100]*C.P.
1320 = [(100+10)/100]*C.P.
C.P = (1320*100)/110.
C.P = 13200/11.
C.P = 1200.
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.
BHASKAR said:
1 decade ago
CP = 4700.
SP = 5800.
REPAIR PRICE = 800.
SO CP = 5500.
PROFIT = SP-CP.
P = 5800-5500.
P = 300.
GAIN = PROFIT/CP*100.
G = 300/5500*100.
GAIN = 5*5/11.
SP = 5800.
REPAIR PRICE = 800.
SO CP = 5500.
PROFIT = SP-CP.
P = 5800-5500.
P = 300.
GAIN = PROFIT/CP*100.
G = 300/5500*100.
GAIN = 5*5/11.
Dsdcds said:
1 decade ago
Is repair price included in the cost?
(2)
Ramkumar said:
1 decade ago
Why we add to divide a 30/5800*100.
I was confused please teach me?
I was confused please teach me?
Post your comments here:
Quick links
Quantitative Aptitude
Verbal (English)
Reasoning
Programming
Interview
Placement Papers