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 3 of 5.

Rakesh said:   7 years ago
How CP can be calculated easily? Can anyone give me the shortcut?

Felix said:   9 years ago
@Priya,

Let we assume 100 if the base cost price is not given.

Madhav Kakkar said:   1 decade ago
Does anybody know another shortcut it's time consuming method?

Haritha said:   1 decade ago
Can any one tell me why we used 100/120 instead of 120/100?

Meena said:   9 years ago
I am confused please solve this in a simple and clear way.
(1)

Faklandu said:   7 years ago
Why not A? Here it is asking both gain or loss right?

Osman said:   4 months ago
@Sandeep.

Here, 1800 - 1700 = 100.
Please note it.
(1)

Mounika said:   1 decade ago
Thanks for your explanation pallavi. Its useful.

Satish said:   8 years ago
How can 5.88 can be converted to 5 * 15/17?

Meenu said:   10 years ago
Please explain it in shortest and easy way.


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