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 5 of 5.
Vinod said:
1 decade ago
In above problem total profit is not asked. They asked percent profit, and that problem is correct.
Ashok said:
1 decade 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.
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.
Manish said:
1 decade 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.
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.
Afsal said:
1 decade ago
I got the satifaction that 1 problem I done was correct.
Mrs pallavi said:
1 decade 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
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
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%
= 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%
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