Aptitude - Profit and Loss - Discussion
Discussion Forum : Profit and Loss - General Questions (Q.No. 9)
9.
Sam purchased 20 dozens of toys at the rate of Rs. 375 per dozen. He sold each one of them at the rate of Rs. 33. What was his percentage profit?
Answer: Option
Explanation:
| Cost Price of 1 toy = Rs. |  |
375 |  |
= Rs. 31.25 |
| 12 |
Selling Price of 1 toy = Rs. 33
So, Gain = Rs. (33 - 31.25) = Rs. 1.75
 Profit % = |
|
1.75 | x 100 | % |
= | 28 | % = 5.6% |
| 31.25 | 5 |
Video Explanation: https://youtu.be/MhswuvDVWzo
Discussion:
46 comments Page 1 of 5.
Naresh said:
2 decades ago
The cost price of 20 dozens of toys = 375*20 i.e per dozen 375
= Rs 7500/-
the selling price of one dozen toys = 12*33
= Rs 396/-
the selling price of 20 dozen toys = 396*20
= Rs 7920/-
gain=sp-cp = 7920-7500 =Rs.420/-
gain%=(gain/cp)*100 = 420/7500*100 =5.6%
= Rs 7500/-
the selling price of one dozen toys = 12*33
= Rs 396/-
the selling price of 20 dozen toys = 396*20
= Rs 7920/-
gain=sp-cp = 7920-7500 =Rs.420/-
gain%=(gain/cp)*100 = 420/7500*100 =5.6%
Mrs pallavi said:
1 decade ago
Use our simple logic read problem carefully,
20 dozen toys at rate of 375 rs
So total cost= 375*20=7500
Now calculate total toys=20 dozens*12(1 doz=12 toys)
=240 toys
Each sold=33 rs
therefore total s.p=33*240
=7920
Profit=s.p-c.p
=7920-7500
=420
Now profit %=420/7500*100
5.6%
Therefore he gains 5.6% profit
20 dozen toys at rate of 375 rs
So total cost= 375*20=7500
Now calculate total toys=20 dozens*12(1 doz=12 toys)
=240 toys
Each sold=33 rs
therefore total s.p=33*240
=7920
Profit=s.p-c.p
=7920-7500
=420
Now profit %=420/7500*100
5.6%
Therefore he gains 5.6% profit
Afsal said:
1 decade ago
I got the satifaction that 1 problem I done was correct.
Manish said:
1 decade ago
Each sold=33
12 dozens= 1 thing
12 toy are prize=375
1 toy is prize (?)
375/12=31.25 per rate
Profit=33-31.25=1.75
Profit(%)=1.75/31.25*100=5.6 % profit.
12 dozens= 1 thing
12 toy are prize=375
1 toy is prize (?)
375/12=31.25 per rate
Profit=33-31.25=1.75
Profit(%)=1.75/31.25*100=5.6 % profit.
Ashok said:
1 decade ago
Hai friends.
Above problem is wrong why because there is calculate for only 1 dozen but in the problem asked total profit so 5. 6*20% is the right answer please replay me if it's wrong.
Above problem is wrong why because there is calculate for only 1 dozen but in the problem asked total profit so 5. 6*20% is the right answer please replay me if it's wrong.
Vinod said:
1 decade ago
In above problem total profit is not asked. They asked percent profit, and that problem is correct.
Sundar said:
1 decade ago
@Ashok
20 dozens x Rs.375 per dozen = Total cost Rs.7500
(20 x 12) total toys x Rs. 33 per toy = Total sales Rs.7920
Total Cost Price (CP) = 7500
Total Selling Price (SP) = Rs. 7920
Profit = 7920 - 7500 = Rs.420
Profit Percentage = Profit/CP*100
= 420/7500*100
= 5.6 percentage.
Hope this will help you. Have a nice day!
20 dozens x Rs.375 per dozen = Total cost Rs.7500
(20 x 12) total toys x Rs. 33 per toy = Total sales Rs.7920
Total Cost Price (CP) = 7500
Total Selling Price (SP) = Rs. 7920
Profit = 7920 - 7500 = Rs.420
Profit Percentage = Profit/CP*100
= 420/7500*100
= 5.6 percentage.
Hope this will help you. Have a nice day!
Shiva said:
1 decade ago
33*12=396
396-375=21
21*100/375=5.6
so ans is 5.6%
396-375=21
21*100/375=5.6
so ans is 5.6%
Dheepthi said:
1 decade ago
20 dozen toys at rate of 375 Rs
Total cost= 375*20=7500
Total toys=20 dozens*12(1 doz=12 toys)=240 toys
Each sold=33 Rs
Therefore total S.P=33*240
=7920
Profit=S.P-C.P
=7920-7500
=420
Profit %=420/7500*100
5.6%
Total cost= 375*20=7500
Total toys=20 dozens*12(1 doz=12 toys)=240 toys
Each sold=33 Rs
Therefore total S.P=33*240
=7920
Profit=S.P-C.P
=7920-7500
=420
Profit %=420/7500*100
5.6%
Abhishek said:
1 decade ago
C.P. Per dozen = 375 ,
Per Dozen contains 12 pieces.
S.P. per dozen = S.P. per piece * total piece = 33 * 12 = 396.
Profit per dozen = S.P " C.P = 396 " 375 = 21.
Profit % = ( (Profit * 100) / C.P.)=(21 * 100)/375 = 28/5 = 5.6 %.
Per Dozen contains 12 pieces.
S.P. per dozen = S.P. per piece * total piece = 33 * 12 = 396.
Profit per dozen = S.P " C.P = 396 " 375 = 21.
Profit % = ( (Profit * 100) / C.P.)=(21 * 100)/375 = 28/5 = 5.6 %.
Post your comments here:
Quick links
Quantitative Aptitude
Verbal (English)
Reasoning
Programming
Interview
Placement Papers