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.
Santosh 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 = ?
S. P=240.
Lose 10%.
C. P = ?
SAGAR MHATRE said:
2 years ago
He bought scooter for Rs.5500/-
And sold it for 5800/- and got 300/-profit.
explanation:- 30000/5500 = 60/11 that is 5 5/11%.
And sold it for 5800/- and got 300/-profit.
explanation:- 30000/5500 = 60/11 that is 5 5/11%.
(25)
Kajal said:
2 years ago
cp - sp = p
Then total cp 4700 + 800 = 5500.
So, sp 5800.
cp - sp ---> 5800 - 5500 = 300.
p/cp * 100.
300/5500 * 100 = 5,5/11.
Then total cp 4700 + 800 = 5500.
So, sp 5800.
cp - sp ---> 5800 - 5500 = 300.
p/cp * 100.
300/5500 * 100 = 5,5/11.
(33)
Amar said:
8 years ago
If I s a Things (A) in 240 it will lose 10% in how much I have to sell it to get 30% profit?
How to get C.P(x) = 266.667?
How to get C.P(x) = 266.667?
Krishan verma said:
1 decade ago
We know that CP [4700+800]=5500
SP=5800
profit=SP-CP=5800-5500=300
profit%=300*100 divide by CP 5500 than we find 5.4545%
SP=5800
profit=SP-CP=5800-5500=300
profit%=300*100 divide by CP 5500 than we find 5.4545%
Anurag rocks said:
9 years ago
60/11 can also b written as 5 5/11. Because if we simplify this mixed fraction. That is 11 * 5 + 5/11 = 60/11 only.
Sello said:
1 decade ago
It can be done this way:
300 = x/100 * 5500 i.e 5500 is the total lost costs,100=%
300*100 = x*5500
5.45 = x
300 = x/100 * 5500 i.e 5500 is the total lost costs,100=%
300*100 = x*5500
5.45 = x
Vikas said:
9 years ago
Cp of article 20Rs. Then
20 is equal to 100.
Q say to find sales value and include profit
Then 20/100-125 = 25.
20 is equal to 100.
Q say to find sales value and include profit
Then 20/100-125 = 25.
Rango said:
9 years ago
@Sudhakar.
The selling price is Rs 115.
Cost price is Rs 100.
Actually, profit is 15.
Then, % of profit is 15.
The selling price is Rs 115.
Cost price is Rs 100.
Actually, profit is 15.
Then, % of profit is 15.
P.chongloi said:
8 years ago
300/55 gives the results as 5*25/55. 25/55 can be further cancelled out into 5/11.
So, the result is 5 * 5/11.
So, the result is 5 * 5/11.
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