Aptitude - Profit and Loss - Discussion

CP = 1400,
LOSS = 15%,
15% of 1400 = 210,
Therfore SP = 1400-210 = 1190.

As we are seeing here:

The cost price, loss% is mentioned.
Now, we need to find the loss.

So,the formula is : loss/1400 = 15/100.
Now we take the 1400 to the other side a division in LHS becomes multiple in RHS
Now, loss = 15/100 * 1400 = 210.
Now we got the loss hence we need to subtract the loss from C.P.
So we get the answer as = 1190.

Thank you.

CP = 1400 and loss =15%.
= (1400 * 15)/100,
= 210.
Therefore, Sp = 1400 - 210,
= 1190.

C.p = 1400.
Loss = 15%.
C.p/100 = S.p/85.
[C.p cycle taken as 100% in that 15% loss by selling is 85]. 1400/100 = s.p/85.
S.p = 14 * 85 = 1190.

100 to 15 then 1400 : ?

100 (1400 15) :?

1400 * 15/100 = 210.

So, here 1400 to 210 loss.

Then, minus 210 from 1400, that's answer.
1400 - 210 = 1190.

I hope you all understand 1190.

In some place we assume loss as 15/100 in place of loss percentage but in some place we just keep it as 15 itself.

What is the actual criteria could anyone clear my doubt?

It's easy.

CP = 1400.

10% = 140.

5% = 70.

15% = 140+ 70 = 210.

Now use formula:

Gain = Sp - Cp.

= 1400 - 210.

= 1190.

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.

Given C.P=Rs 1400
and Loss % = 15%

we have to find out S.P
we know that S.P=(100-loss%)/100*C.P

Therefore S.P = (100-15)/100*1400
=85/100*1400
S.P=Rs1190

Using loss%=[loss*100/c.p.] find loss valve
after that use formula loss= c.p.-s.p.
you will get the answer.