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 6 of 15.
Bharath said:
1 decade ago
@Pooja.
- 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.
- He gets 18% profit.
- 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.
- He gets 18% profit.
Pandab harichandan said:
1 decade ago
By selling an article 1500 losses 20%. Find cost price.
Chand basha mcb said:
1 decade ago
Why we add total cost price to divide[300/5500*100]?
Chaithu said:
1 decade ago
Means buying and spending money on something comes under cost price. So, the formula for Profit% = (profit/c.p)*100.
Profit: S.P - C.P.
Profit: S.P - C.P.
Sameer alam said:
1 decade ago
By reducing the selling price of an article by Rs 50 a gain of 5% turns into a loss of 5%. Find the original selling price of the article?
Mahesh Pandya said:
1 decade ago
Please, would you please help me?
Above from I saw all methods of solution, but from above mentions besides any others method are available to solved this example?
If you have any simpler method, please?
I have much tried to solved examples. But I couldn't did this.
Above from I saw all methods of solution, but from above mentions besides any others method are available to solved this example?
If you have any simpler method, please?
I have much tried to solved examples. But I couldn't did this.
Rahul said:
1 decade ago
Answer is 5.454545. How to convert it on given answer?
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.
Santonu said:
1 decade ago
Can anyone explain, how to find divide?
If 523 is divided by 3 = ?
If 523 is divided by 3 = ?
Sujatha said:
1 decade ago
9-5+5*0+3=?
What is the answer for this question? Either 3 or 7 ?
What is the answer for this question? Either 3 or 7 ?
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