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:
146 comments Page 9 of 15.
Sunaina Sharma said:
1 decade ago
I did not understand how you solve the final answer if I solve 300/5500*100 then I did not get 5*5/11 I only get 20/3, if I solve with another method then I get the correct answer so please show proper calculations so I can easily understand whole cutting process at the end of answer.
Justin faizan ali said:
1 decade ago
To which price we can multiply percentage %[cost price or sell price] please clear my concept.
Piyush said:
1 decade ago
Very simple.
= 300*100/5500 = 300/55.
Lets take 5 as a common and divide both the number.
You got 60/11.
After solution of this you got the 5-5/11.
= 300*100/5500 = 300/55.
Lets take 5 as a common and divide both the number.
You got 60/11.
After solution of this you got the 5-5/11.
Yugendhar said:
1 decade ago
5 5/11 means, you can calculate it as follow.
((5*11)+5)/11 = 60/11.
((5*11)+5)/11 = 60/11.
Veena patel said:
1 decade ago
Let cost price = c.p and selling price = s.p.
Given:
20 c.p = s.p (x)(since, if profit is 25% then s.p would be 125% of c.p).
So 20 c.p = 1.25 c.p (x)(125/100).
x = 2000/125.
x = 16.
Given:
20 c.p = s.p (x)(since, if profit is 25% then s.p would be 125% of c.p).
So 20 c.p = 1.25 c.p (x)(125/100).
x = 2000/125.
x = 16.
CLARA said:
1 decade ago
Cost price is 4700.
Expenses on repair is 800.
Total cost price is = 4700+800 = 5500.
Selling price = 5800.
Gain = Selling price-Cost price.
G = 5800-5500.
Answer = 300.
% = 300/5500 *100%.
= 5.45.
Expenses on repair is 800.
Total cost price is = 4700+800 = 5500.
Selling price = 5800.
Gain = Selling price-Cost price.
G = 5800-5500.
Answer = 300.
% = 300/5500 *100%.
= 5.45.
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 ?
Santonu said:
1 decade ago
Can anyone explain, how to find divide?
If 523 is divided by 3 = ?
If 523 is divided by 3 = ?
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.
Rahul said:
1 decade ago
Answer is 5.454545. How to convert it on given answer?
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