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 7 of 10.
Chiru said:
1 decade ago
Hi to all
Let profit be 100
Given that gain is 22.5%
122.5--- 392
100---?
ie,(100*392)/122.5=320
profit=392-320=72
Let profit be 100
Given that gain is 22.5%
122.5--- 392
100---?
ie,(100*392)/122.5=320
profit=392-320=72
Siva said:
1 decade ago
cp=?,sp=392,profit=22.5%
cp=(100/(100+profit%)*sp)
=100/(100+22.5)*392
=100/122.5*392
=1000/1225*392
cp=320
if profit=sp-cp
=392-320
profit=72
cp=(100/(100+profit%)*sp)
=100/(100+22.5)*392
=100/122.5*392
=1000/1225*392
cp=320
if profit=sp-cp
=392-320
profit=72
Mrs pallavi said:
1 decade ago
We have simple formula
s.p=(100+profit%)*c.p/100
392=(100+22.5)*c.p/100
392=(125)*c.p/100
392/122.5=c.p/100
3.2=c.p/100
therefore c.p=320
profit=s.p-c.p
=392-320
= 72
therefore profit is rs.72
s.p=(100+profit%)*c.p/100
392=(100+22.5)*c.p/100
392=(125)*c.p/100
392/122.5=c.p/100
3.2=c.p/100
therefore c.p=320
profit=s.p-c.p
=392-320
= 72
therefore profit is rs.72
Vinay mahajan said:
1 decade ago
I cannot understand it please make it simple.
Srinivasu said:
1 decade ago
Thanq you preitee.
Rohita said:
1 decade ago
I cannot understand this question please solve the simple way.
Divyesh said:
1 decade ago
Let profit is x
s.p. = 392
c.p. = 392-x
now profit/c.p. = 22.5%
x/(392-x) = 22.5/100
x/392 = 22.5/122.5
solving this we get x = 72
s.p. = 392
c.p. = 392-x
now profit/c.p. = 22.5%
x/(392-x) = 22.5/100
x/392 = 22.5/122.5
solving this we get x = 72
Raku said:
1 decade ago
Thanks preitee.
PREITEE RANJAN said:
1 decade ago
MY FRNDS
LET CP=X....
=> SP=X+(22.5%X)
=>SP=1.225X
BUT GIVEN SP=RS 392
=>1.225X=392
=>X=320=CP
NOW PROFIT(ie CALCULATED ON CP) IMPLYING P=(392-320)=72
NO FOMULA NO DOUBT ONLY FUNDA
LET CP=X....
=> SP=X+(22.5%X)
=>SP=1.225X
BUT GIVEN SP=RS 392
=>1.225X=392
=>X=320=CP
NOW PROFIT(ie CALCULATED ON CP) IMPLYING P=(392-320)=72
NO FOMULA NO DOUBT ONLY FUNDA
Sneha said:
1 decade ago
Give me general explanation without using formula.
Post your comments here:
Quick links
Quantitative Aptitude
Verbal (English)
Reasoning
Programming
Interview
Placement Papers