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 4 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.
Arush baggel said:
1 decade ago
Please tell in short form but explaining method better.
Sravani said:
1 decade 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.
Priya said:
1 decade ago
Ya I also get 14.2% but we can assume 15%. So how 1st answer will be correct please give me full explanation I don't understand and what is the options its also very typical to understand so give me full explanation.
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