Aptitude - Profit and Loss - Discussion

Discussion Forum : Profit and Loss - General Questions (Q.No. 7)

Profit and Loss

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?

Rs. 18.20

Rs. 70

Rs. 72

Rs. 88.25

Answer: Option

Explanation:

C.P. = Rs.		100	x 392		= Rs.		1000	x 392		= Rs. 320
		122.5					1225

Profit = Rs. (392 - 320) = Rs. 72.

Discussion:

99 comments Page 7 of 10.

Rajeev said: 2 decades ago

Can you explain me what formula used by you and how get 122.5?

Thanthya said: 7 years ago

This is just one step problem;
392/122.5 = 3.2,
3.2*22.5 = 72.

Ragav said: 9 years ago

Can anyone explain me what formula used and how get 122.5?

Somnath Ghosh said: 8 years ago

Thank you so much, well explained @Preitee Ranjan.

Sneha said: 1 decade ago

Give me general explanation without using formula.

Chandra said: 1 decade ago

Hai please I expect explanation for this problem.

Sunil said: 2 decades ago

Please explain with the formula which used in C.P

Sushil said: 4 weeks ago

392 = (22.5*x/100) + x,
X = 3200.
392-320 = 72.

(1)

Shivani said: 8 years ago

(1000/122.5)*392= 320.

Please, explain this.

Gowtham said: 2 years ago

Thank you everybody for explaining the answer.

(5)

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