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:
117 comments Page 3 of 12.

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)

Nabee said:   2 decades ago
Gain = ( (SP - CP) /CP) *100.

Shafiq said:   2 decades ago
Why we take LCM 5 and 6? Please explain.

Surendra said:   2 decades ago
Why we should take LCM?

Vineeth said:   2 decades 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.....?

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.

Mani said:   1 decade ago
c.p of 1 article = 5/6
s.p of 1 article = 6/5

gain = s.p - c.p
= 6/5 - 5/6
= 11/30
gain% = (gain/c.p)* 100
= (11/30)/(5/6) * 100
= 44%


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