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 3 of 4.
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.
Hasnat zaman said:
1 decade ago
When particulars cp and sp are not given then how to find cp and sp?
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?
Harish said:
1 decade ago
Gain% = SP-CP/SP * 100.
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%.
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.
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.
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%?
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%
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
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