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 4 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
Man said:
1 decade ago
His gain must be calculated on Rs 4 sale price not cost prize.
Vijay said:
1 decade ago
Gain=(s.p-c.p)
=4-3.5
=0.5
=4-3.5
=0.5
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