Aptitude - Profit and Loss - Discussion
Discussion Forum : Profit and Loss - General Questions (Q.No. 8)
8.
A man buys a cycle for Rs. 1400 and sells it at a loss of 15%. What is the selling price of the cycle?
Answer: Option
Explanation:
| S.P. = 85% of Rs. 1400 = Rs. |  |
85 | x 1400 |  |
= Rs. 1190 |
| 100 |
Video Explanation: https://youtu.be/jn0XIafQvAc
Discussion:
49 comments Page 2 of 5.
Vani said:
1 decade ago
Hi friends
for finding the selling price we have one formula tat is;
costprice/100=sellingprice/(100-loss%)
here c.p=1400
loss%=15%
s.p=x(assume)
by substituting the values
1400/100= x/(100-15)
14=x/85
therefore x=1190
Note:if it is loss% given (100-loss%) or
gain% is given (100+gain%)
for finding the selling price we have one formula tat is;
costprice/100=sellingprice/(100-loss%)
here c.p=1400
loss%=15%
s.p=x(assume)
by substituting the values
1400/100= x/(100-15)
14=x/85
therefore x=1190
Note:if it is loss% given (100-loss%) or
gain% is given (100+gain%)
K.Manas said:
1 decade ago
If 100% = 1400.
Then 10% = 140.
And 5% = 70.
140 + 70 = 210 Rs.
1400 - 210 = 1190 answer.
Then 10% = 140.
And 5% = 70.
140 + 70 = 210 Rs.
1400 - 210 = 1190 answer.
Deep said:
1 decade ago
we do know that loss% = loss/CP*100 putting the values here we can get SP as 1402.1?
Iqra Rao said:
1 decade ago
We know that,
C.P = 100*S.p/100 - loss%.
Rearranging the formula because we find the S.P.
S.P = C.P(100-loss%)/100.
Putting the values,
S.P = 1400(100-15)/100.
S.P = 14(85).
Answer is: 1190.
C.P = 100*S.p/100 - loss%.
Rearranging the formula because we find the S.P.
S.P = C.P(100-loss%)/100.
Putting the values,
S.P = 1400(100-15)/100.
S.P = 14(85).
Answer is: 1190.
Sravani said:
1 decade ago
Its very simple.
C.P = 1400.
Loss by 15%.
Means 100-15 = 85%.
1400*85/100 = 1190.
C.P = 1400.
Loss by 15%.
Means 100-15 = 85%.
1400*85/100 = 1190.
Nurul said:
1 decade ago
Before loss C.P = 1610.
15%loss in C.P 1400.
1400*15/100 = 210.
S.P = 1400-210 = 1190.
15%loss in C.P 1400.
1400*15/100 = 210.
S.P = 1400-210 = 1190.
Shivani said:
1 decade ago
Just apply factor formula and u'll be able to solve many questions in seconds. So the formula is.
F*C = S here (F= 1+ profit/100 or 1-loss/100).
So C. P=1400.
Profit=15%.
S. P=?
Apply formula = F*C=S.
1-15/100 = 0. 85.
0. 85*1400 = 1190 here is your S. P thats it :).
F*C = S here (F= 1+ profit/100 or 1-loss/100).
So C. P=1400.
Profit=15%.
S. P=?
Apply formula = F*C=S.
1-15/100 = 0. 85.
0. 85*1400 = 1190 here is your S. P thats it :).
Shivani said:
1 decade ago
hello guys, there is a simple way to solve profit n loss questions in few seconds . u just need to remember a simple formula . i.e
factor formula = F*C=S, here( F= 1+profit/100 Or 1-loss/100).
Now in this question simply apply this and you will get the answer.
Given that C.P = 1400.
Loss = 15%
S.P= ?
Solution: 1-15/100*1400 = 1190.
F*C = S.
In this way you will be able to solve question in 1 line :).
factor formula = F*C=S, here( F= 1+profit/100 Or 1-loss/100).
Now in this question simply apply this and you will get the answer.
Given that C.P = 1400.
Loss = 15%
S.P= ?
Solution: 1-15/100*1400 = 1190.
F*C = S.
In this way you will be able to solve question in 1 line :).
Bhanu ravali said:
1 decade ago
100%--------*14-------> 1400.
85%---------*14-------> 1190.
So answer is 1190.
85%---------*14-------> 1190.
So answer is 1190.
Srinivas said:
1 decade ago
Simple. C.P = 1400;
15%of C.P = 210;
S.P = 1400-210 = 1190;.
15%of C.P = 210;
S.P = 1400-210 = 1190;.
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