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 6 of 10.
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.
MGNVPrasad said:
9 years ago
Profit = 22.5.
S.p = 392. I want cost price=?
Let c.p = 100 . Because we find out percentage as 100 Every where. C.p/100 = S.p/122.5.
C.p/100 = 392/122.5.
C.p = 320.
Profit = s.p - c.p = 392 - 320 = 72.
S.p = 392. I want cost price=?
Let c.p = 100 . Because we find out percentage as 100 Every where. C.p/100 = S.p/122.5.
C.p/100 = 392/122.5.
C.p = 320.
Profit = s.p - c.p = 392 - 320 = 72.
Narsing said:
9 years ago
Thanks. @Vasu reddy.
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.
Ragav said:
9 years ago
Can anyone explain me what formula used and how get 122.5?
Ravi said:
8 years ago
@Ragav.
Basic formula is cost + profit = selling price.
Here we assume cost is 100. given profit is 22.5%.
CP + P= SP Which means 100 + 22.5 = 122.5.
So, we get SP 122.5 which is 392.
122.5 = 392
22.5 = x
Just cross multiply it you'll get the answer.
Basic formula is cost + profit = selling price.
Here we assume cost is 100. given profit is 22.5%.
CP + P= SP Which means 100 + 22.5 = 122.5.
So, we get SP 122.5 which is 392.
122.5 = 392
22.5 = x
Just cross multiply it you'll get the answer.
Priyanka hk said:
8 years ago
How 100 and 1000? explain.
(1)
Shivani said:
8 years ago
(1000/122.5)*392= 320.
Please, explain this.
Please, explain this.
Bhagat Singh said:
8 years ago
CP = RS 100.
PROFFIT = 22.5.
SP= 122.5.
GIVEN SP = Rs 392.
So PROFIT = 22.5/122.5*392 =72.
PROFFIT = 22.5.
SP= 122.5.
GIVEN SP = Rs 392.
So PROFIT = 22.5/122.5*392 =72.
Basil said:
8 years ago
SP=CP+GAIN.
CP+(22.5/100)*CP=392
So, CP=320 & PROFIT=392-320=72.
Hope you get it. Thanks.
CP+(22.5/100)*CP=392
So, CP=320 & PROFIT=392-320=72.
Hope you get it. Thanks.
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