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:
100 comments Page 2 of 10.
RBK said:
10 months ago
22.5% = 9/40.
Means CP = 40 and SP is 49.
Now total Sales (SP) = 392,
CP/SP= 40/49 if 49 is equal to 392 then 1 is equal to 8, finally we got CP= 40 X 8 =320.
Profit = 392-320 = 72.
Means CP = 40 and SP is 49.
Now total Sales (SP) = 392,
CP/SP= 40/49 if 49 is equal to 392 then 1 is equal to 8, finally we got CP= 40 X 8 =320.
Profit = 392-320 = 72.
(5)
Max said:
4 years ago
100/(100+22.5) * 392,
= 100/122.5 * 392,
= 1000/1225 * 392,
= 320.
The formula says;
100/100+gain% * s.p.
Then how 1000/1225? Please explain.
= 100/122.5 * 392,
= 1000/1225 * 392,
= 320.
The formula says;
100/100+gain% * s.p.
Then how 1000/1225? Please explain.
(5)
Gowtham said:
2 years ago
Thank you everybody for explaining the answer.
(5)
Sruthi said:
6 months ago
Given sp= 392 and profit % = 22.5.
Let cp = 100%.
Then 122.5% = 392 (sp = cp + profit),
Then 22.5%=? Let it be x (Asked),
=> x = (392 * 22.5)/122.5.
=> x = 72.
Let cp = 100%.
Then 122.5% = 392 (sp = cp + profit),
Then 22.5%=? Let it be x (Asked),
=> x = (392 * 22.5)/122.5.
=> x = 72.
(4)
Yawarbhat said:
10 months ago
22.5% = 9/40.
Means CP = 40 and SP is 49.
Now total Sales (SP) = 392,
CP = 392 ÷ 49 × 40 = 320,
Profit = 392-320 = 72.
Means CP = 40 and SP is 49.
Now total Sales (SP) = 392,
CP = 392 ÷ 49 × 40 = 320,
Profit = 392-320 = 72.
(4)
Rupali said:
5 years ago
SP = 392.
% of profit = 22.5.
Let CP =x.
profit = SP - CP = 392 - X,
%of profit = (392 - x )*100 / x = 22.5,
(392 - x )*100 = 22.5 x,
39200 - 100x = 22.5 x,
39200 = 122.5 x,
x = 39200/122.5,
x = 320.
Profit = 392 - 320 = 72.
% of profit = 22.5.
Let CP =x.
profit = SP - CP = 392 - X,
%of profit = (392 - x )*100 / x = 22.5,
(392 - x )*100 = 22.5 x,
39200 - 100x = 22.5 x,
39200 = 122.5 x,
x = 39200/122.5,
x = 320.
Profit = 392 - 320 = 72.
(3)
Niklaus said:
2 years ago
Thanks, everyone for explaining it.
(3)
Arya reddy said:
5 years ago
How 1000/1225 comes? please anyone explain.
(2)
Priyanka hk said:
8 years ago
How 100 and 1000? explain.
(1)
Phub said:
9 years ago
Gain% = 22.5; S.p =392.
C.P = (100/(100 + Gain%) * S.P).
C.P =(100/ (100 + 22.5) * 392) = 320.
So, profit = S.p - C.p = 392 - 320 = 72.
C.P = (100/(100 + Gain%) * S.P).
C.P =(100/ (100 + 22.5) * 392) = 320.
So, profit = S.p - C.p = 392 - 320 = 72.
(1)
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