Aptitude - Profit and Loss - Discussion

Discussion Forum : Profit and Loss - General Questions (Q.No. 14)
14.
A shopkeeper sells one transistor for Rs. 840 at a gain of 20% and another for Rs. 960 at a loss of 4%. His total gain or loss percent is:
5 15 % loss
17
5 15 % gain
17
6 2 % gain
3
None of these
Answer: Option
Explanation:

C.P. of 1st transistor = Rs. 100 x 840 = Rs. 700.
120

C.P. of 2nd transistor = Rs. 100 x 960 = Rs. 1000
96

So, total C.P. = Rs. (700 + 1000) = Rs. 1700.

Total S.P. = Rs. (840 + 960) = Rs. 1800.

Gain % = 100 x 100 % = 5 15 %
1700 17

Discussion:
41 comments Page 2 of 5.

Saba said:   10 years ago
Can some one tell me, why not these?

S.P 1 = 840.

Gain of 20% of 840 = 20/100*840 = 168.

Then C.P1 = S.P-Gain.

= 840-168 = 672.

Surya said:   8 years ago
c.p. = s.p/profict%+c.p.%

Easy method find cost price.
C.P. % = 100 %.
So, 840/100+20 = 840/120 = 700.

BALU said:   10 years ago
Cp of trans1 = 100*840/120 = 700.

Cp of trans2 = 100*960/96 = 1000.

Gain = 400*100/1700 = 400/17.

Suresh said:   1 decade ago
@Priya.

Gain = (S.P-C.P/C.P*100).

= (1800-1700/1700*100).

= (100/1700*100).

= (100/17).

Sainik said:   10 years ago
Remember if C.P is 100 then S.P is 120 (If 20% gain, if 4% loss then C.P is 100 S.P is 96).

Rakheee said:   2 years ago
20 % of 840 is 678.
Then 840-678 = 168 is the c.p.
How 700 is c.p? Please explain to me.
(5)

Varsha said:   1 decade ago
Total sp is (840+960)=1800
cp=1700
gain=(sp-cp)=1800-1700=100
so gain%=(100/1700*100)

Sandeep said:   7 years ago
At last in the gain formula, how can we take gain as 100? please can someone explain.
(1)

Yarshongam said:   3 years ago
Yes, the right answer is 5.88.

How it come 5.15/17%?

Please explain me.

Sanjay said:   7 years ago
@Satish.

It is 100/17 so 17*5=85 and reminder is 5 and balance is 15.
(2)


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