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:
101 comments Page 11 of 11.
Ashutosh Sharma said:
6 years ago
Gain =22.5% on C.P.
S.P=392 Rs.
Let C.P be Rs x.
Gain%= ((S.P-C.P)/C.P)*100.
((392-x)/x )*100 = 22.5.
x=320 rs.
Profit= S.P - C.P = 392-320 = 72 Rs Ans.
S.P=392 Rs.
Let C.P be Rs x.
Gain%= ((S.P-C.P)/C.P)*100.
((392-x)/x )*100 = 22.5.
x=320 rs.
Profit= S.P - C.P = 392-320 = 72 Rs Ans.
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