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 4 of 5.

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.

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.

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

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)

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%.
(5)

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

Please explain me.
(1)

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.

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.
(23)

Raj said:   6 years ago
Not 20 dozens, one dozen of toys is Rs 375 is correct.
(2)

Bindu D K said:   6 years ago
Cp = 20 * 375.

Sp = 33 * (20 * 12) he will sell each toy, not each dozen so we have to take 20 * 12.
Profit= sp - cp = 420.

Gain(%) = 420/7500 * 100 = 5.6.
(4)


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