Aptitude - Profit and Loss - Discussion
Discussion Forum : Profit and Loss - General Questions (Q.No. 13)
13.
100 oranges are bought at the rate of Rs. 350 and sold at the rate of Rs. 48 per dozen. The percentage of profit or loss is:
Answer: Option
Explanation:
| C.P. of 1 orange = Rs. |  |
350 |  |
= Rs. 3.50 |
| 100 |
| S.P. of 1 orange = Rs. | |
48 | |
= Rs. 4 |
| 12 |
 Gain% = |
|
0.50 | x 100 | % |
= | 100 | % = 14 | 2 | % |
| 3.50 | 7 | 7 |
Discussion:
33 comments Page 1 of 4.
Amruta said:
1 decade ago
how .50 in Gain% came from
Vijay said:
1 decade ago
Gain=(s.p-c.p)
=4-3.5
=0.5
=4-3.5
=0.5
Man said:
1 decade ago
His gain must be calculated on Rs 4 sale price not cost prize.
Mrs pallavi said:
1 decade ago
"It's very simple use common logic no need to use any formula"
c.p=350
s.p=?
350/100=3.5 c.p of 1 orange
3.5*12= 42 c.p of 1 dozen oranges.
48/12=4 s.p of 1 orange
4*100=400 s.p of 100 oranges
therefore
profit=s.p-c.p
=400-350
=50
profit %= 50/350*100
=14.28 %
i.e ans. (a) gain
c.p=350
s.p=?
350/100=3.5 c.p of 1 orange
3.5*12= 42 c.p of 1 dozen oranges.
48/12=4 s.p of 1 orange
4*100=400 s.p of 100 oranges
therefore
profit=s.p-c.p
=400-350
=50
profit %= 50/350*100
=14.28 %
i.e ans. (a) gain
Rajkumar said:
1 decade ago
100 oranges for 350 rs
100 oranges make 8.33 dozens (100 / 12 = 8.33)
and sells 1 dozen for 48 rs
so
1 dozen -----> 48 rs
then 8.33 dozens -----> ?
8.33 * 48 = 400
gain = S.P - C.P
= 400 - 350
= 50
gain % = (gain / C.P) * 100
= (50 / 350) * 100
= 100 / 7
= 14.28
100 oranges make 8.33 dozens (100 / 12 = 8.33)
and sells 1 dozen for 48 rs
so
1 dozen -----> 48 rs
then 8.33 dozens -----> ?
8.33 * 48 = 400
gain = S.P - C.P
= 400 - 350
= 50
gain % = (gain / C.P) * 100
= (50 / 350) * 100
= 100 / 7
= 14.28
Rajadurai.EEE said:
1 decade ago
100 orange=350rs
1 dozen(i.e 12 orange)=48Rs. So 1 orange-->48/12=4Rs
So100 orange-->100*4=400rs
Profit=S.P-C.P
Profit-->400-350=50Rs
Profit% =(profit * 100)/C.P
So profit% =(50 * 100)/350
Simplify above Answer : 14.28%
1 dozen(i.e 12 orange)=48Rs. So 1 orange-->48/12=4Rs
So100 orange-->100*4=400rs
Profit=S.P-C.P
Profit-->400-350=50Rs
Profit% =(profit * 100)/C.P
So profit% =(50 * 100)/350
Simplify above Answer : 14.28%
Iamateur said:
1 decade ago
The question is asked for The percentage of profit or loss is:
And in the answer we are finding only gain%.
Why not loss%?
And in the answer we are finding only gain%.
Why not loss%?
John said:
1 decade ago
For any business we will get either gain or loss But not both.
So in problem we get only gain i.e profit.
As selling price is greater than cost price.
So we will get gain .
S.P > C.P (gain).
S.P < C.P (loss ).
In problem we got S.P as 4 and C.P as 3.5.
So in problem we get only gain i.e profit.
As selling price is greater than cost price.
So we will get gain .
S.P > C.P (gain).
S.P < C.P (loss ).
In problem we got S.P as 4 and C.P as 3.5.
MONIKA said:
1 decade ago
CP of 100 = Rs.350.
CP of 1 = 350/100.
= 7/2.
SP of 12 = Rs.48.
CP of 12 = 7/2*12.
Rs.48.
G=SP-CP
= 48-42
= 6.
G% = 6/42*100
= 14 2/7.
CP of 1 = 350/100.
= 7/2.
SP of 12 = Rs.48.
CP of 12 = 7/2*12.
Rs.48.
G=SP-CP
= 48-42
= 6.
G% = 6/42*100
= 14 2/7.
Pandiarajan said:
1 decade ago
Totally 100 oranges total amount 350.
Sold 12 as 48 one as 48/12=4 so 100 sold as 400.
Profit 400-350 = 50.
Profit % = 50/350*100 = 100/7 = 14 2/7%.
Sold 12 as 48 one as 48/12=4 so 100 sold as 400.
Profit 400-350 = 50.
Profit % = 50/350*100 = 100/7 = 14 2/7%.
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