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.

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

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%

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!

Pooja Nakate said:   8 years ago
Very simple guys.

1 dozen toy price=375 rs,
1 dozen=12 toys,
So,C.P of 20 dozen toys=375*20=7500 rs,
Now,they have given S.P of each toy = 33 rs,
S.P of 20 dozen = 396*20=7920 rs.

Profit=S.P-C.P.
=7920-7500,
=420.

% PROFIT = Profit*100/C.P,
=420*100/7500.
=5.6.

Mahendra chozhan said:   1 decade ago
Its given he bought 1 dozen for Rs 375.
Its also given that he sold each for Rs 33.
Then for a dozen he sold for 12*33 = 396.

Therefore profit = S.P of a dozen - C.P of a dozen
= 396-375 = 21Rs.

Profit % = gain/C.P*100.
= 21/375*100.
= 5.6%.

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)

Uday said:   9 years ago
Given 20 dozen toys.

C.P for 1 dozen = 375.
For 1 toy = 375/12 = 31.25.

But given s.p for each is 33.
Gain = 33 - 31.25 = 1.75 for 1 toy.

For dozen 12 * 1.75 = 21.

So the C.P becomes 375 + 21 = 396.
So the gain is (396 * 20) - (375 * 20) = 420.
Gain% = (420/(375 * 20)) * 100.

S@i said:   7 years ago
1 dozen toy price=375 rs,
1 dozen=12 toys,
So,C.P of 20 dozen toys=375 * 20 = 7500 rs,
Now,they have given S.P of each toy = 33 rs,
S.P of 20 dozen = 396 * 20 = 7920 rs.

Profit = S.P - C.P.
= 7920 - 7500,
= 420.

PROFIT %= Profit * 100/C.P,
= 420 * 100/7500.
= 5.6.

Nyefene Solomon said:   9 years ago
He bought 20 dozens at 375 each = 375 * 20 = 7500 = CP.

He sold each item (not each dozen) at 33, meanwhile each dozen contain 12 items.

Thus 33 * (12 * 20) = 7920 = SP.
Profit = SP - CP =7920 - 7500 = 420.

Profit% = Profit/CP * 100.

420/7500 * 100 = 5.6%.

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)


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