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 9 of 16.
JITHU JAMES said:
2 decades 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:
6 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)
Murthyalex said:
1 decade ago
The difference between 58% of a number and 39% of the same number is 247. What is 62% of that number?
Arunkumar said:
1 decade ago
The gain formula is (Gain/Sold price into*100).
= (300%5500*100) = 5.454545.
This is exact answer.
= (300%5500*100) = 5.454545.
This is exact answer.
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.
Akshitha sujith said:
6 years ago
How you get 5(5/11).
Answer: solve the problem till 60/11, then you solve the options, easy trick.
Answer: solve the problem till 60/11, then you solve the options, easy trick.
Kiruthi said:
2 decades ago
I need to know how the ans 5.454545 can be write in fraction as 5(5/11) %. Give a solution for me.
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