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.
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.
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%.
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.
SP/dozen= 33*12= 396,
Profit= 396-375= 21.
%profit = (21/375)*100,
= 84/15,
=5.6.
(23)
Reema said:
1 decade ago
The point here is that profit percent will be same whether we sell 1 item or 1000 items.
Profit will vary but not profit%.
Profit will vary but not profit%.
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%.
Cp of 1 dozen of toy=375.
Sp of 1 dozen of toy=12*33=396.
P%=396-375/375*100=5.6%.
(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.
S.P. = 33 * 12 * 20 = 7920 Rs.
Gain = 420 Rs.
% profit = 420 * 100/7500 = 5.65% profit.
(26)
Vinod said:
1 decade ago
In above problem total profit is not asked. They asked percent profit, and that problem is correct.
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.
12no's - 375 ( cp)
1toy-33.
So ,12*33=396 (sp),
396-375=21(sp-cp),
21÷375*100=5.6.
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.
SP = 33*12*20=7920.
Then profit=(s.p-c.p)/c.p.
=(7920-7500)/7500 *100,
= 5.6.
(1)
Aakash said:
9 years ago
A question in written vaguely. "he sold each one of them". One of what ? a toy or a dozen.
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