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 2 of 4.
Namsig said:
9 years ago
0.50 * 100/3.50 after that how we will get 100%/7?
DHIRAJ SHAH said:
9 years ago
Please explain the last step in detail.
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.
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.
Sandeep said:
9 years ago
I got 14 but how is 2/7 I didn't get. Someone help me.
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.
Rajesh said:
10 years ago
100 oranges are bought at the rate of Rs. 350.
1 dozen = 48.
= 100/12 = 8.33.
= 8.33*48 = 400.
= 350*14.2% = 400.
Answer : 14 2/7%.
1 dozen = 48.
= 100/12 = 8.33.
= 8.33*48 = 400.
= 350*14.2% = 400.
Answer : 14 2/7%.
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.
Sravani said:
10 years ago
The gain so obtained is not accurate I guess because still 4 more oranges are left you over as the S.P is per dozen.
Arush baggel said:
1 decade ago
Please tell in short form but explaining method better.
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.
Post your comments here:
Quick links
Quantitative Aptitude
Verbal (English)
Reasoning
Programming
Interview
Placement Papers