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 2 of 5.

Jyoti said:   7 years ago
How to solve (1.75/31.25) * 100?

Please explain me.
(1)

Kinnya said:   7 years ago
CP = 375*20=7500.
SP = 33*12*20=7920.

Then profit=(s.p-c.p)/c.p.
=(7920-7500)/7500 *100,
= 5.6.
(1)

Lucky said:   9 years ago
Shiva's explanation is nice.

We have to calculate profit %, not Profit.
So, we can calculate it on differences of 1 Dozen also and we don't need to do all calculation.

We always try to find the short trick to solve questions.

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.

Anitha said:   7 years ago
Well said @Dheepthi, thank you.

Anand said:   7 years ago
20dozens.

12no's - 375 ( cp)
1toy-33.
So ,12*33=396 (sp),
396-375=21(sp-cp),
21÷375*100=5.6.

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.

Raj said:   8 years ago
How to solve (1.75/31.25)*100?

Please explain me.

Yuva said:   8 years ago
How 12 would come? Please explain clearly.

Gopal Kashyap said:   9 years ago
CP of 1 dozen = 375.
CP of 20 dozens = 90000,
CP of 1 toy = 31.25,
SP of 1 toy = 33.
SP of 20 dozens = 95040,
Profit= SP - CP = 95040 - 90000 = 5040,
i.e profir = 5.6%.


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