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 5 of 10.
Thanthya said:
7 years ago
This is just one step problem;
392/122.5 = 3.2,
3.2*22.5 = 72.
392/122.5 = 3.2,
3.2*22.5 = 72.
Kavi said:
7 years ago
Thanks @Rajadurai.
Sakshi said:
7 years ago
Thanks @Preitee.
Kunal said:
7 years ago
@All.
In the question it is said the gain% = 22.5 then 22.5% of total gain will be the value of profit. Right, but it is not following in that way?
Can anyone please explain?
In the question it is said the gain% = 22.5 then 22.5% of total gain will be the value of profit. Right, but it is not following in that way?
Can anyone please explain?
BHUWAN JOSHI said:
7 years ago
Given:
sp= 392
gain=22.5%
let cp= ?.
We know that;
CP = (100/100+gain%) * SP.
CP = (100/100+22.5) * 392.
CP = 320.
Again,
profit = SP - CP.
= 392-320,
=72.
sp= 392
gain=22.5%
let cp= ?.
We know that;
CP = (100/100+gain%) * SP.
CP = (100/100+22.5) * 392.
CP = 320.
Again,
profit = SP - CP.
= 392-320,
=72.
Anusha Voleti said:
6 years ago
Given,
Gain%=22.5.
SP=392,
Profit =?.
We know that , profit = SP - CP.
Here CP = ?
We know that CP = (SP*100)/(100+gain).
So CP = (392 * 100)/(100+22.5) = 320.
Therefore profit = SP - CP.
= 392-320,
= 72.
Gain%=22.5.
SP=392,
Profit =?.
We know that , profit = SP - CP.
Here CP = ?
We know that CP = (SP*100)/(100+gain).
So CP = (392 * 100)/(100+22.5) = 320.
Therefore profit = SP - CP.
= 392-320,
= 72.
Raju said:
6 years ago
Thanks @Preitee.
Aamir Rashdi said:
5 years ago
Profit%= s.p - c.p/ c.p.
Let x be the cost price.
Here profit %= 22.5.
S.p = 392 is given.
According to formula.
22.5/100= 392.
22.5x = 39200 - 100x.
122.5x = 39200.
X = 39200/122.5.
X = 320.
So, c.p is Rs 320.
Now finding profit.
Profit = s.p - c.p.
Profit = 392 - 320.
Profit = 72.
Let x be the cost price.
Here profit %= 22.5.
S.p = 392 is given.
According to formula.
22.5/100= 392.
22.5x = 39200 - 100x.
122.5x = 39200.
X = 39200/122.5.
X = 320.
So, c.p is Rs 320.
Now finding profit.
Profit = s.p - c.p.
Profit = 392 - 320.
Profit = 72.
Vikky said:
5 years ago
Cp = 1 ÷ profit% * sp.
Ashutosh Sharma said:
5 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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