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:
101 comments Page 8 of 11.
Raghavendra said:
1 decade ago
We consider CP as 100%.If he got a profit of 22.5%, we can say that SP is 122.5% of CP.
If this 122.5% of CP=392(given in question).
Then 100% of CP=320 (this can be done through cross multiplication).
Through difference B/W SP and CP we can get the profit as Rs.72.
OR
Here given that CP+profit=392.
CP is considered 100% and he made a profit of 22.5% on this CP,
Then SP=122.5% of CP=392,
Then 22.5% =72(through cross multiplication).
If this 122.5% of CP=392(given in question).
Then 100% of CP=320 (this can be done through cross multiplication).
Through difference B/W SP and CP we can get the profit as Rs.72.
OR
Here given that CP+profit=392.
CP is considered 100% and he made a profit of 22.5% on this CP,
Then SP=122.5% of CP=392,
Then 22.5% =72(through cross multiplication).
Pooja said:
1 decade ago
Thanks preitee nice explanation.
Ritesh Pande said:
1 decade ago
From the question, where from you take 122.5%.
Rajadurai.eee said:
1 decade ago
Normally take 100%. if 22.5% increase means 122.5%.
122.5% =392.
So 1% =392/122.5=3.2.
So 100% =100*3.2 =320.
Profit =392-320.
Answer: 72.
122.5% =392.
So 1% =392/122.5=3.2.
So 100% =100*3.2 =320.
Profit =392-320.
Answer: 72.
Mittalvarun2011 said:
1 decade ago
Thanks Mrs Pallavi
Gaurav JAGTAP TE[CSE A-48] said:
1 decade ago
SOLUTION FOR C.E.=(100/(PROFIT%)*S.E.)
Vinay mahajan said:
1 decade ago
I cannot understand it please make it simple.
Sathis said:
1 decade ago
Thank you
Preitee..
Preitee..
Bhawna Jain said:
1 decade ago
Let Cp=x
Profit= 22.5%
= 225x/100
SP = CP + Profit
392 = x + 225x/100
392 = .225x
x = 320 ( CP)
Profit = SP-CP
= 392-320
= Rs.72/-( Answer)
Profit= 22.5%
= 225x/100
SP = CP + Profit
392 = x + 225x/100
392 = .225x
x = 320 ( CP)
Profit = SP-CP
= 392-320
= Rs.72/-( Answer)
Vasim said:
1 decade ago
Preitee Ranjan you are right.
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