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.
Harish said:
1 decade ago
Gain% = SP-CP/SP * 100.
Ashu said:
1 decade ago
Sp = 8*48+4*3.5 = 398.
Cp = 350.
Then, (48*100)/350 = 13 2/7.
Clear me where I m wrong?
Cp = 350.
Then, (48*100)/350 = 13 2/7.
Clear me where I m wrong?
Hasnat zaman said:
1 decade ago
When particulars cp and sp are not given then how to find cp and sp?
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.
Arush baggel said:
1 decade ago
Please tell in short form but explaining method better.
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.
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.
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%.
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.
Sandeep said:
9 years ago
I got 14 but how is 2/7 I didn't get. Someone help me.
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