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:
156 comments Page 7 of 16.
Sudhakar said:
10 years ago
My buying cost price Rs. 100/-, my selling price Rs. 115/- so now I want to know the % of on sales price. Can you find the solution?
Gowri ravi said:
10 years ago
Here we use 800 rupees for the repairing so it becomes a loss for the buyer the how come adding with cost price? I can't understand.
Sameer ramchiary said:
2 years ago
CP = 4700 + 800 = 5500
Sp = 5800.
Sp - cp = profit.
5800 - 5500 = 300(p)
P% = p/cp×100.
= 300/5500 × 100.
= 60/11.
Sp = 5800.
Sp - cp = profit.
5800 - 5500 = 300(p)
P% = p/cp×100.
= 300/5500 × 100.
= 60/11.
(22)
NANDINI said:
2 months ago
Option B is correct because
CP = 4700 + 800 = 5500,
SP = 5800.
CP - SP = 5500 - 5800 = 300,
Gain%= (300/5500) * 100.
= 5 (5/11)%.
CP = 4700 + 800 = 5500,
SP = 5800.
CP - SP = 5500 - 5800 = 300,
Gain%= (300/5500) * 100.
= 5 (5/11)%.
(5)
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:
3 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:
3 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.
(34)
Amar said:
9 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?
KPR PERUMAL said:
5 months ago
TOTAL CP = 4700 + 800 = 5500.
SELLING PRICE = 5800.
PROFIT = 5800 - 5500 = 300,
= P/CP * 100.
= 300/5500 * 100,
= 5 5/11%.
SELLING PRICE = 5800.
PROFIT = 5800 - 5500 = 300,
= P/CP * 100.
= 300/5500 * 100,
= 5 5/11%.
(7)
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%
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