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 8 of 15.
Kushi said:
3 years ago
Now brought 4700.
Spends 800,
Sells 5800.
4700+800 = 5500.
5500 divided by 5800 * 100.
You will get 5 5 by 11.
Spends 800,
Sells 5800.
4700+800 = 5500.
5500 divided by 5800 * 100.
You will get 5 5 by 11.
(7)
Veerakumar said:
9 years ago
Gain formula is (s.p) > (c.p).
Then apply the formula.
Gain = (300/5500 x 100).
Ans = (5 x 5/11)% gain.
Then apply the formula.
Gain = (300/5500 x 100).
Ans = (5 x 5/11)% gain.
Avleen kour said:
3 years ago
CP = (4700 + 800) = 5500
SP = 5800.
Gain = 5800-5500 = 300
Gain% = gain/CP*100.
= (300/5500 * 100).
= 60/11.
SP = 5800.
Gain = 5800-5500 = 300
Gain% = gain/CP*100.
= (300/5500 * 100).
= 60/11.
(34)
Sakshi said:
7 days ago
CP = 4700 + 800 = 5500,
SP = 5800.
CP - SP = P
5800 - 5500 = 300.
P/CP * 100.
300/5500 * 100 = 5,
= 5/11.
SP = 5800.
CP - SP = P
5800 - 5500 = 300.
P/CP * 100.
300/5500 * 100 = 5,
= 5/11.
Amarjeet Gupta said:
5 years ago
Total cost= 4800+700=5500,
and selling price= 5800,
So profit= 300,
And profit% = 300/5500*100 = 5(5/11).
and selling price= 5800,
So profit= 300,
And profit% = 300/5500*100 = 5(5/11).
JITHU JAMES said:
1 decade ago
Purchase price = 480
144/480 =3/10 ie 30%
already he spended 20%
now he needs to add 30%
so totally 50%
144/480 =3/10 ie 30%
already he spended 20%
now he needs to add 30%
so totally 50%
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.
Navdha Dhiman said:
5 years ago
I didn't understand how 5 upon 5/11 is the correct answer?
My answer is 5 upon 25/55.
Please explain it.
My answer is 5 upon 25/55.
Please explain it.
(1)
Sagar said:
2 decades ago
I don't understand the how you get the 5(5/11).
I doesn't understand logic behind it please help me.
I doesn't understand logic behind it please help me.
Pranav Rastogi said:
1 decade ago
Total cost= 4800+700=5500
and selling price= 5800
so profit= 300
and profit% = 300/5500*100 = 5(5/11)
and selling price= 5800
so profit= 300
and profit% = 300/5500*100 = 5(5/11)
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