Aptitude - Profit and Loss - Discussion

Discussion Forum : Profit and Loss - General Questions (Q.No. 10)
10.
Some articles were bought at 6 articles for Rs. 5 and sold at 5 articles for Rs. 6. Gain percent is:
30%
33 1 %
3
35%
44%
Answer: Option
Explanation:

Suppose, number of articles bought = L.C.M. of 6 and 5 = 30.

C.P. of 30 articles = Rs. 5 x 30 = Rs. 25.
6

S.P. of 30 articles = Rs. 6 x 30 = Rs. 36.
5

Gain % = 11 x 100 % = 44%.
25

Discussion:
115 comments Page 1 of 12.

Nabeela said:   1 decade ago
How do we get 11? Wat is the formula used?
(1)

Nabee said:   1 decade ago
Gain = ( (SP - CP) /CP) *100.

Shafiq said:   1 decade ago
Why we take LCM 5 and 6? Please explain.

Surendra said:   1 decade ago
Why we should take LCM?

Vineeth said:   1 decade ago
The choice of number is arbitrary....
you can take any number in place of 30..
even if you take 1 you will get the answer.
..by taking 30 calculation will be simpler

Qaiser said:   1 decade ago
Why should we take 30 articles?

Kumar said:   1 decade ago
Is any another method available for this some.....?

Md Sharik Ahmad said:   1 decade ago
Use Unitary method
C.P of 1 article= Rs(5/6)= .833
S.P of 1 article= Rs(6/5)= 1.2
Profit= 1.2-.833= .367

%Gain= ( Profit /CP) *100.
= (.367/.833)*100
= .44*100 = 44%
(1)

Munjal said:   1 decade ago
Why should we take 30 articles. And how you get the 25. And why we take L. C. M 5 and 6?

Malar said:   1 decade ago
5/6*30 divide into 6 we get 25.then 6+5 we get 11.

How much articles bought this is done by l.c.m.

So 6&5 multiply it we get 30.


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