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.

Nandish Gowda said:   6 years ago
For 6 articles = 5 rs . so for 1 article= 5/6 rs == CP of 1 article,
He sold 5 art = 6 rs , so for 1 aticle = 6/5 rs == SP of 1 article,
Profit for one article = SP- CP = 6/5 - 5/6 = 30 /11.
Profit for 5 article = 11/6 rs 0.

So he sold only 5 articles . so CP of 5 articles = 5 * 5?/6 = 25/6.
%p = (p/cp) * 100 = ((11/6)/ (25/6)) * 100 = 44% is the answer
(1)

Gowri Shankar said:   4 years ago
6 articles for Rs 5 & 5 articles for Rs 6.

6 5 -----(i)
5 6 -----(ii).

Make the equation crt,so we have to multiply (i) to 5,(ii) to 6
6*5 ----- 5*5.
5*6 ----- 6*6.
30 ----- 25
30 ----- 36.

So now cost price for 30 articles =Rs 25.
So now selling price for 30 articles =Rs 36.
Profit=36-25 = 11.
Profit%=profit/cp*100 =11/25*100 = 44%.
(3)

Arun kumar said:   1 decade ago
CP of 6 articles is Rs 5.

SP of 5 articles is 6.

One article SP is = 6/5 = 1.2.

we will calculate gain after selling all the articles only.
So we need to take remaining article.

So Total selling price = 1.2*6 = 7.2.

Now CP 5--------------- 100%

7.2 ---------------- ?

SP% = (7.2*100)/5 = 144.

Gain = 144-100 = 44%.

Neelam said:   7 years ago
CP of 6 article = 5 Rs.
CP of 1 article = 5/6 Rs.
SP of 5 article = 6 Rs.
Sp of 1 article = 6/5 Rs.
Gain = SP-CP.
Than 6/5 -5/6 = gain.
Take LCM of denominator 5 and 6 is equal to 30.
Than 36-25/30 = gain.
It is equal to 11/30 .

Gain% = (gain*100/cp).
= 11/30 * 100/ 5/6.
= 11/30 *100 * 6/5.
= 44%.

Vader said:   7 years ago
44% is correct if it is for selling and purchasing an equal number of articles. It's open ended here.

The Initial investment is 6 articles bought for Rs 5 or 30 Rs.

Revenue Generated 30 Rs.
Net gain = 1 article worth of Rs 5 which he can sell at any rate.
So gain % gain/initial investment * 100.

Satnam said:   1 decade ago
CP of 6 = 5
CP of 1 = 5/6 = 0.83
CP of 5 = CP of 6 - CP of 1
= 5-0.83 = 4.16

SP of 5 = 6

Clearly profit and profit = SP of 5 items - CP of 5 items.
= 6 - 4.16 = 1.84

Profit % = gain/CP*100
= 1.84/4.16*100 = 44.23
Approx 44%.

Trupti said:   4 years ago
Take it simple

6 Articles are brought for Rs 5 and 5 Articles Sold for RS 6.
Cost Price of 1 Article =5/6 and selling price of 1 Article = 6/5
Gain% = (Gain/CP)*100.
Gain=SP - CP.
= (6/5-5/6) =(36-25)/30=11/30=0.366
Gain% = (11/30/6/5)*100=(0.366/0.833) * 100 = 44%
Hope it helps.
(4)

Devinder singh said:   1 year ago
RS ARTICLE
5 6
6 5
.PROFIT = 6 * 6 - 5 * 5 = 11
P%= 11/25*100 = 44.


Note;
it seems profit then (larger value - small value).
if shown loss ther (less value -large value)
(13)

Anam said:   9 years ago
C.P of 1 article = Rs(5/6) = .833.
S.P of 1 article = Rs(6/5) = 1.2.

C.P of 5 articles = Rs(0.833*5) = Rs 4.165.
S.P of 5 articles = Rs 6.

Profit = S.P - C.P,
= 6 - 4.165.
= 1.835.

Profit%= (Profit * 100/C.P),
= (1.835 * 100/4.165),
= 44%.

Sriramamurthi said:   5 years ago
6 Articles 5 Rs.
So, now find the cost of one article = 5/6 which is 0.833.
He sold 5 articles will be Rs.6 So again find the cost of one article = 6/5 which is 1.2.
So we know profit = SP - CP = 1.2 - 0.833 = 0.367.
Profit % = (0.367/0.833) * 100 = 4.05%.
Hope it will help you.
(1)


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