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:
33 comments Page 2 of 4.

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.

DHIRAJ SHAH said:   9 years ago
Please explain the last step in detail.

Namsig said:   9 years ago
0.50 * 100/3.50 after that how we will get 100%/7?

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.

Heiya said:   6 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.

Arpan said:   6 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.

Madhu said:   5 years ago
Here 100 oranges =350.
So c.p of 100 oranges =350.
S.p= 48/12=4.

1 orange of s.p is 4 rupees and 100 oranges of s.p is 400,
We know the formula p= 400-350=50,
%p=50/350*100=100/7,
I.e 100/7= 14*2/7.

Amruta said:   1 decade ago
how .50 in Gain% came from

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.


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