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:
116 comments Page 10 of 12.

Sai srinivas said:   6 years ago
I think as 6+5=11.

So 11 came in the solution.

Aditya gupta said:   6 years ago
cp of 1 artical = 5/6.
sp of 1 artical = 6/5.
Gain% = sp-cp/cp * 100.
Gain% = (5/6-6/5)/(5/6) * 100 = 44%.

Goursa said:   5 years ago
How we get 30?

Lakshmi said:   5 years ago
@Goursa.

30 (L.C.M of 6,5)

Utsav maithili said:   5 years ago
First, we must find the value of 1 article sp and sp.
Second than we find cp/sp ratio.
Cp/sp= 5/6*5/6 = 25/36.

Third find profit:
Sp-cp=36-25 = 11.

Lastly, we must find the percentage profit that is :
11/25 * 100 = 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)

Arijit said:   5 years ago
Thanks @Mani.

Keval said:   5 years ago
Thank you @Sharik.

Trupti said:   5 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)

Sakshi said:   5 years ago
@Md Sharik Ahmad.

Well explained. Thanks.


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