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.

S@i said:   8 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.
(3)

Mrs pallavi said:   2 decades 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
(1)

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

Please explain me.
(1)

Kinnya said:   8 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)

Pooja Nakate said:   9 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.

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%

Afsal said:   2 decades ago
I got the satifaction that 1 problem I done was correct.

Manish said:   2 decades 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.

Ashok said:   2 decades 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.

Vinod said:   2 decades ago
In above problem total profit is not asked. They asked percent profit, and that problem is correct.


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