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:
99 comments Page 3 of 10.
Ruby said:
1 decade ago
If cost price is Rs100
Profit is 22.5% of cost price.
i.e. 100*22.5% = Rs.22.5
Selling price is 100+22.5 = 122.5
By unitary method if
S.P. is 122.5 then profit is 22.5
Thus if S.P. is Re.1 then profit is 22.5/122.5
And if S.P. is 392 then profit is (22.5/122.5)*392 = Rs 72.
Profit is 22.5% of cost price.
i.e. 100*22.5% = Rs.22.5
Selling price is 100+22.5 = 122.5
By unitary method if
S.P. is 122.5 then profit is 22.5
Thus if S.P. is Re.1 then profit is 22.5/122.5
And if S.P. is 392 then profit is (22.5/122.5)*392 = Rs 72.
Vasim said:
1 decade ago
Preitee Ranjan you are right.
Bhawna Jain said:
1 decade ago
Let Cp=x
Profit= 22.5%
= 225x/100
SP = CP + Profit
392 = x + 225x/100
392 = .225x
x = 320 ( CP)
Profit = SP-CP
= 392-320
= Rs.72/-( Answer)
Profit= 22.5%
= 225x/100
SP = CP + Profit
392 = x + 225x/100
392 = .225x
x = 320 ( CP)
Profit = SP-CP
= 392-320
= Rs.72/-( Answer)
Sathis said:
1 decade ago
Thank you
Preitee..
Preitee..
Vinay mahajan said:
1 decade ago
I cannot understand it please make it simple.
Gaurav JAGTAP TE[CSE A-48] said:
1 decade ago
SOLUTION FOR C.E.=(100/(PROFIT%)*S.E.)
Mittalvarun2011 said:
1 decade ago
Thanks Mrs Pallavi
Rajadurai.eee said:
1 decade ago
Normally take 100%. if 22.5% increase means 122.5%.
122.5% =392.
So 1% =392/122.5=3.2.
So 100% =100*3.2 =320.
Profit =392-320.
Answer: 72.
122.5% =392.
So 1% =392/122.5=3.2.
So 100% =100*3.2 =320.
Profit =392-320.
Answer: 72.
Ritesh Pande said:
1 decade ago
From the question, where from you take 122.5%.
Pooja said:
1 decade ago
Thanks preitee nice explanation.
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