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 7 of 15.
Narendra Shaktawat said:
1 decade ago
@Aamir Your answer is Here:
Table purchase price - 480.
Spent 20% of purchase price - 480*20/100 = 96.
Now table cost price is = Purchase+spent(480+96)=576.
To make a profit of 144.
He need to sell it = CP + Profit amount.
=576+144=720.
profit percentage on purchase price = profit value*100/purchase price
=144*100/480=25%.
Carpenter getting 25% profit on purchase price.
Table purchase price - 480.
Spent 20% of purchase price - 480*20/100 = 96.
Now table cost price is = Purchase+spent(480+96)=576.
To make a profit of 144.
He need to sell it = CP + Profit amount.
=576+144=720.
profit percentage on purchase price = profit value*100/purchase price
=144*100/480=25%.
Carpenter getting 25% profit on purchase price.
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.
Nishant said:
1 decade ago
C.P is 480.
Total C.P after extra expenditure 480+(20%480).
= 576.
Profit = 144.
Profit % = 144/576 *100.
= 25%.
Total C.P after extra expenditure 480+(20%480).
= 576.
Profit = 144.
Profit % = 144/576 *100.
= 25%.
Kk raj said:
1 decade ago
300/5500*100 = 300/55.
= 60/11 and now we can write it in mixed fraction.
= 60/11 and now we can write it in mixed fraction.
Damodar Narayan said:
1 decade ago
CP = 5500(including what he spends).
SP = 5800.
P = 300.
P% = (P/CP)*100 = (300/5500)*100 = 60/11.
SP = 5800.
P = 300.
P% = (P/CP)*100 = (300/5500)*100 = 60/11.
Jai said:
1 decade ago
Don't understand the how you get the 5(5/11).
Please Explain in hindi language.
Please Explain in hindi language.
Pooja said:
1 decade ago
Money purchased a pressure cooker at 9/10th of its selling price and sold it at 8% more than its S.P. Find her gain percent. Please solve it.
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.
Arjun Sonik said:
1 decade ago
As the cost price is 4700 Rs, and another amount has spend on its repairs i.e 800 Rs. So, total money spent by the person is Rs 5500(4700+800).
Now he sells it for Rs 5800.
SP = Rs 5800.
Profit= 5800-5500=> Rs 300 (he earns as profit).
P% = (Profit/CP) *100.
= (300/5500) *100.
And you get the required results by calculation 60/11. Option B :) :D.
Now he sells it for Rs 5800.
SP = Rs 5800.
Profit= 5800-5500=> Rs 300 (he earns as profit).
P% = (Profit/CP) *100.
= (300/5500) *100.
And you get the required results by calculation 60/11. Option B :) :D.
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.
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