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 3 of 4.
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
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
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%
Iamateur said:
1 decade ago
The question is asked for The percentage of profit or loss is:
And in the answer we are finding only gain%.
Why not loss%?
And in the answer we are finding only gain%.
Why not loss%?
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.
MONIKA said:
1 decade ago
CP of 100 = Rs.350.
CP of 1 = 350/100.
= 7/2.
SP of 12 = Rs.48.
CP of 12 = 7/2*12.
Rs.48.
G=SP-CP
= 48-42
= 6.
G% = 6/42*100
= 14 2/7.
CP of 1 = 350/100.
= 7/2.
SP of 12 = Rs.48.
CP of 12 = 7/2*12.
Rs.48.
G=SP-CP
= 48-42
= 6.
G% = 6/42*100
= 14 2/7.
Amruta said:
2 decades ago
how .50 in Gain% came from
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?
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