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 3 of 10.
Azly said:
10 years ago
It's given that 22.5% profit is on cost price. So we should take cost as 100%,
Here we go,
Cost price + Profit = Selling price.
100% + 22.5% = 122.5%.
392*22.5/122.5 = 72.
Here we go,
Cost price + Profit = Selling price.
100% + 22.5% = 122.5%.
392*22.5/122.5 = 72.
(1)
Phub said:
10 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)
Sarfaraz khan said:
8 years ago
cp =100 profit =22.5
sp =100+22.5 =122.5.
122.5 -------------> 22.5
392 --------------> x.
(392|*22.5)/122.5 = 72.
sp =100+22.5 =122.5.
122.5 -------------> 22.5
392 --------------> x.
(392|*22.5)/122.5 = 72.
(1)
R b yadav said:
5 years ago
Fraction 22.5/100 = 9/40.
CP =40 sp =49 given 49 = 392.
1 unit = 8
So cp 40 * 8 = 320.
392 - 320 = profit.
72.
CP =40 sp =49 given 49 = 392.
1 unit = 8
So cp 40 * 8 = 320.
392 - 320 = profit.
72.
(1)
Aravind said:
5 years ago
I think this the formula for the first step;
Cp*(100 +Profit or Loss% / 100) = SP.
Therefore, CP = SP*100/(100 + Profit or loss%).
Cp*(100 +Profit or Loss% / 100) = SP.
Therefore, CP = SP*100/(100 + Profit or loss%).
(1)
Vicky said:
2 years ago
(100 / 100+22.5) *392,
(100 / 122.5)*392,
(1000/1225)*392.
320.
To remove the decimal in the denominator the numbers 100/122.5 were multiplied by 10 in both the numerator and denominator.
(100 / 122.5)*392,
(1000/1225)*392.
320.
To remove the decimal in the denominator the numbers 100/122.5 were multiplied by 10 in both the numerator and denominator.
(1)
Shailesh Gadam said:
10 months ago
P = C×0.225 and
C = 392/1.225 = 320 thus ∵ S = C + P
P = 320*0.225 = 72
C = 392/1.225 = 320 thus ∵ S = C + P
P = 320*0.225 = 72
(1)
Chinni said:
9 years ago
A person sells 2 articles for 100rs. He sold 1st article and loss 5% when he sold 2nd article he gains 20%, the overall gain is 5%. What is the cost of the 1st article?
Please explain it with the solution.
Please explain it with the solution.
Chandan pandey said:
9 years ago
Profit=22.5%. and SP=392
Then CP * 122.5/100 = 392.
After solve we get CP = 320,
Now simple (sp-cp) = 72.
I think it will help you.
Thanks have a great day.
Then CP * 122.5/100 = 392.
After solve we get CP = 320,
Now simple (sp-cp) = 72.
I think it will help you.
Thanks have a great day.
Narsing said:
9 years ago
Thanks. @Vasu reddy.
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