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 4 of 5.
Abhinav said:
1 decade ago
Profit% formula is (profit/s.p)*100. But some calculated with c.p in denominator.
Meenakshi sundareswar.m said:
1 decade ago
1 toy 31.25.
1 toy 33.
Cross multiply,
(33/31.25) - 1%.
5.6. make it simple.
1 toy 33.
Cross multiply,
(33/31.25) - 1%.
5.6. make it simple.
Anju said:
1 decade ago
I don't understand this problem, can anyone please explain me clearly?
Afsal said:
1 decade ago
I got the satifaction that 1 problem I done was correct.
Raj said:
6 years ago
Not 20 dozens, one dozen of toys is Rs 375 is correct.
(2)
Jyoti said:
7 years ago
How to solve (1.75/31.25) * 100?
Please explain me.
Please explain me.
(1)
SMS said:
1 decade ago
What does this have to do with the question I asked?
Bhanu said:
1 decade ago
You may mistake Abhinav.
Profit% = (profit/CP)*100.
Profit% = (profit/CP)*100.
Raj said:
8 years ago
How to solve (1.75/31.25)*100?
Please explain me.
Please explain me.
Shiva said:
1 decade ago
33*12=396
396-375=21
21*100/375=5.6
so ans is 5.6%
396-375=21
21*100/375=5.6
so ans is 5.6%
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