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?
3.5
4.5
5.6
6.5
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.

Ashutosh Visavadiya said:   2 years ago
C.P = 7500 Rs.
S.P. = 33 * 12 * 20 = 7920 Rs.
Gain = 420 Rs.
% profit = 420 * 100/7500 = 5.65% profit.
(26)

Andy said:   7 years ago
Cp/dozen = 375.
SP/dozen= 33*12= 396,
Profit= 396-375= 21.
%profit = (21/375)*100,
= 84/15,
=5.6.
(23)

Pavithra said:   6 years ago
How 12 came here? Please explain me.
(22)

Madhav Kulkarni said:   6 years ago
He brought 20 dozens toys at the rate of 375/Dozen.
For 20 Dozens 375*20=7500(20 dozen).
For 1 Piece 7500/(20*12) = 31.25 (1 Dozen=12 piece).
SP=33/Piece(Given in question).

For 1 Dozen =396/Dozen (33*12=396).
For 20 Dozens=7920/(20 Dozen),
SP=7920 CP=7500,
P%=(7920-7500)*100/7500,
So P%=5.6.
(13)

Kalyani said:   5 months ago
CP = 20*375(each dozen has buys for 375 rs so multiply this how many dozens he purchased) => 7500.
SP = 20 dozens means 20*12 = 240 * 33(he sold each piece cost) =>7920,
p = s.p -c.p =>7920 - 7500 = 420.
p% = (420/7500)*100 => 5.6.
(7)

Bedip Karki said:   7 years ago
The simplest answer is;

Cp of 1 dozen of toy=375.
Sp of 1 dozen of toy=12*33=396.
P%=396-375/375*100=5.6%.
(5)

Srikanth said:   4 years ago
It's very nice very helpful to us.
(4)

Bindu D K said:   6 years ago
Cp = 20 * 375.

Sp = 33 * (20 * 12) he will sell each toy, not each dozen so we have to take 20 * 12.
Profit= sp - cp = 420.

Gain(%) = 420/7500 * 100 = 5.6.
(4)

Deep Sangma said:   3 years ago
Thanks all for the good explanation.
(3)

Raj said:   6 years ago
Not 20 dozens, one dozen of toys is Rs 375 is correct.
(2)


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