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:
14 2 % gain
7
15% gain
14 2 % loss
7
15 % loss
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:
34 comments Page 1 of 4.

Arijit Bhakta said:   6 years ago
SP of 12 oranges is 48.
SP of 1 Orange is 4.
Sp of 100 oranges is 400.

Gain= sp - cp = 400 - 350 = 50.
Gain% = 50 * 100/350 = ans(A)
(21)

Shruti Patil said:   6 years ago
Simple one:
If selling prize for 12 orange is Rs 48;
Then the selling prize for 100 orange is ?

Therefore, sp=(100*48) /12,
=400.
Here, the sp is more than cp so it is profit.
i.e, profit= 400 - 350 = 50.

Profit percentage= (50/350) *100= 14(2/7).
(4)

Devinder singh said:   2 years ago
100 orng = 350 rs
1 orng = 3.5 rs.
12 orng ( 1 dozen) = 3.5 *12 = 42 rs.
cop of 1 dozen 42
aND sp of 1 dozen 48.
p% = 6/42*100= 100/7.
I.E 4*2/7.
(3)

Aiysha Alafiya said:   8 years ago
100 orange =350rps.
C.p of 1 orange= 350/100 = 3.50.
S.p =Rs 48 per dozens.
It means s.p of 1orange = 48/12.
The s.p of 1 orange = 4.

Now,
S.p of 1 orange =4.
C.p of 1 orange =3.50.
Gain = S.P - C.P.
=4 - 3.50.
=0.5.

Gain% = (Gain * 100/C.p),
= (0.5*100/3.5),
= 14.27.
(3)

Pramod said:   6 years ago
How 100/7% get explain please?
(2)

Jyothsna said:   8 years ago
@Dhiraj shah.
SP of 1 orange = 48/12 => 4 (1 dozen =12 oranges).
CP of 1 0range = 350/100 => 3.5.
profit = 4-3.5 (SP -CP) => 0.5.
profit % = (0.5/3.5)*100=14 *2/7.
(1)

Heiya said:   7 years ago
1 orange =350/100 = 3.50.
SP of orange = 48/12 = 4,
%gain = profit/CP * 100.
%gain =0.50/3.50 * 100=14 2/7.

MGNVPrasad said:   10 years ago
Buyed 100 oranges = Rs 350,
1 orange = 3.5 sold.
12 oranges = Rs 48, 1 orange = 4.

From above you observed bought and sold off 1 oranges 3.5 to 4.
There is a profit of 0.5.
0.5/c.p = 0.5/3.5 = 1/7 = in percentage 100/7 = we get 14 2/7.

Sandeep said:   10 years ago
I got 14 but how is 2/7 I didn't get. Someone help me.

Pramod pharate said:   9 years ago
100 orange = 350rs
1 orange = 3.5 rs

For 1 dozzen orange c.p = 3.5 * 12 = 42 rs.
For 1 dozzen orrange s.p = 48 rs.
Therefore profit = Rs. 6.
Therefore profit% = profit/c.p * 100,
= 6/42 * 100,
= 14 * 2/7.


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