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 3 of 5.
Aditya said:
9 years ago
Here Rs. 375 for 1 dozen toys.
So CP = 375/12 = Rs. 31.25 for each toy.
SP = Rs. 33 for each toy.
Now calculate profit%.
So CP = 375/12 = Rs. 31.25 for each toy.
SP = Rs. 33 for each toy.
Now calculate profit%.
Aakash said:
9 years ago
A question in written vaguely. "he sold each one of them". One of what ? a toy or a dozen.
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.
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.
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%.
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%.
Rajesh said:
10 years ago
20 dozens.
1 dozen = 375.
He sold each one of them at the rate of Rs. 33.
1 dozen = 12.
= 33*12 = 396.
= 375*5.6% = 21.
= 375+21 = 396.
Answer : 5.6%.
1 dozen = 375.
He sold each one of them at the rate of Rs. 33.
1 dozen = 12.
= 33*12 = 396.
= 375*5.6% = 21.
= 375+21 = 396.
Answer : 5.6%.
Varna pradeep said:
1 decade ago
How this 12 will get?
SMS said:
1 decade ago
What does this have to do with the question I asked?
Shub said:
1 decade ago
Easy way:
Total CP = 375*20 = 7500.
Total SP = 20*33*12 = 7920.
Gain = SP-CP = 7920-7500 = 420.
Gain% = 420*100/7500 = 5.6.
Total CP = 375*20 = 7500.
Total SP = 20*33*12 = 7920.
Gain = SP-CP = 7920-7500 = 420.
Gain% = 420*100/7500 = 5.6.
Dan said:
1 decade ago
@Meenakshi, You made it simple. Bit no one understood what you said. Including me.
*Clarity is much important than simplicity.
*Clarity is much important than simplicity.
Anju said:
1 decade ago
I don't understand this problem, can anyone please explain me clearly?
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