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 3 of 4.

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.

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.

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?

Hasnat zaman said:   1 decade ago
When particulars cp and sp are not given then how to find cp and sp?

Man said:   1 decade ago
His gain must be calculated on Rs 4 sale price not cost prize.

Arush baggel said:   1 decade ago
Please tell in short form but explaining method better.

Sandeep said:   9 years ago
I got 14 but how is 2/7 I didn't get. Someone help me.

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

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

Vijay said:   1 decade ago
Gain=(s.p-c.p)
=4-3.5
=0.5


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