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.
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
Neha said:
1 decade ago
See as given in question CP of 100 oranges are Rs. 350.
Now,
So of one dozen orange is Rs. 48. One dozen means 12.
So, 12 oranges is sold in Rs. 48.
1 orange is sold in 48/12.
100 orange is sold in 48*100/12 = 400.
Now,
Sp = 400.
Cp = 350.
Gain = sp-cp.
Gain = 400-350 = 50.
Gain% = 50*100/350 = 100/7 answer.
Now,
So of one dozen orange is Rs. 48. One dozen means 12.
So, 12 oranges is sold in Rs. 48.
1 orange is sold in 48/12.
100 orange is sold in 48*100/12 = 400.
Now,
Sp = 400.
Cp = 350.
Gain = sp-cp.
Gain = 400-350 = 50.
Gain% = 50*100/350 = 100/7 answer.
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.
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.
(2)
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
MGNVPrasad said:
9 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.
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.
Shruti Patil said:
5 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).
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)
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.
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%
Priya said:
10 years ago
Ya I also get 14.2% but we can assume 15%. So how 1st answer will be correct please give me full explanation I don't understand and what is the options its also very typical to understand so give me full explanation.
Rohit Thakur said:
7 years ago
C.P of 100 oranges = 350,
S.P of 100 oranges = 48 per dozen,
48/12 = 4.
S.P of 100 oranges = 100 X 4 = 400,
Then, difference is 400 - 350 = 50,
50/350 X 100 = 14.27 Ans.
S.P of 100 oranges = 48 per dozen,
48/12 = 4.
S.P of 100 oranges = 100 X 4 = 400,
Then, difference is 400 - 350 = 50,
50/350 X 100 = 14.27 Ans.
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