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:
34 comments Page 2 of 4.
Arpan said:
7 years ago
1 dozen = 12.
C.P of 100 oranges = 350.
S.P of 12 oranges = 48.
C.P of 12 oranges = (350/100)*12 = 42.
Profit percentage = (48-42)/42*100 = 14 2/7.
C.P of 100 oranges = 350.
S.P of 12 oranges = 48.
C.P of 12 oranges = (350/100)*12 = 42.
Profit percentage = (48-42)/42*100 = 14 2/7.
(1)
Rajesh said:
1 decade 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%.
Namsig said:
10 years ago
0.50 * 100/3.50 after that how we will get 100%/7?
DHIRAJ SHAH said:
10 years ago
Please explain the last step in detail.
Pramod pharate said:
10 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:
10 years ago
I got 14 but how is 2/7 I didn't get. Someone help me.
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.
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.
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%.
Vijay said:
2 decades ago
Gain=(s.p-c.p)
=4-3.5
=0.5
=4-3.5
=0.5
Man said:
2 decades ago
His gain must be calculated on Rs 4 sale price not cost prize.
Post your comments here:
Quick links
Quantitative Aptitude
Verbal (English)
Reasoning
Programming
Interview
Placement Papers