Aptitude - Profit and Loss - Discussion
Discussion Forum : Profit and Loss - General Questions (Q.No. 7)
7.
A shopkeeper expects a gain of 22.5% on his cost price. If in a week, his sale was of Rs. 392, what was his profit?
Answer: Option
Explanation:
| C.P. = Rs. |  |
100 | x 392 |  |
= Rs. | |
1000 | x 392 | |
= Rs. 320 |
| 122.5 | 1225 |
Profit = Rs. (392 - 320) = Rs. 72.
Video Explanation: https://youtu.be/a36nJFgh5yk
Discussion:
102 comments Page 11 of 11.
AJITHA said:
5 months ago
Very nice explanations. Thanks all for explaining.
(2)
Nishchal said:
2 months ago
@All.
Profit% = sp - cp/cp * 100.
Sp = 392.
Profit% = 22.5.
Cp = x.
Put the value in the formula, and you get x = 320.
Profit = SP - CP.
So, 392 - 320 = 72.
Profit% = sp - cp/cp * 100.
Sp = 392.
Profit% = 22.5.
Cp = x.
Put the value in the formula, and you get x = 320.
Profit = SP - CP.
So, 392 - 320 = 72.
(4)
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