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:
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 7 of 12.
Prince said:
9 years ago
Simpler Method :
6 articles------> 5 Rs
CP of 1 = 5/6
5articles------->6 Rs
SP of 1 = 6/5
%P = SP - CP/CP * 100
Ans----> 44%.
6 articles------> 5 Rs
CP of 1 = 5/6
5articles------->6 Rs
SP of 1 = 6/5
%P = SP - CP/CP * 100
Ans----> 44%.
Sankar said:
9 years ago
Nice explanation @Prince.
Sumit said:
9 years ago
SP of 5 article=Rs 6.
CP of 6 article=Rs 5.
CP of 1 article= Rs 5/6=0.83.
so, CP of 5 article=Rs 0.83*5=4.15.
Gain=SP - CP =6-4.15=1.85.
G%=1.85/4.15*100=44.573= 44%(approx).
CP of 6 article=Rs 5.
CP of 1 article= Rs 5/6=0.83.
so, CP of 5 article=Rs 0.83*5=4.15.
Gain=SP - CP =6-4.15=1.85.
G%=1.85/4.15*100=44.573= 44%(approx).
Prateek said:
8 years ago
Nice explanation, Thanks @Mani.
Amit said:
8 years ago
First,
Cost Price of 6 articles is Rs.5
Then, Cost Price of 1 article is Rs 5/6
Now,
SP of 5 articles is 6.
So, SP of 1 article is 6/5.
Gain= SP-CP.
=6/5-5/6,
=11/30,
Now, Gain% = 11/30*100/5*6 = 44%.
Thank You.
Cost Price of 6 articles is Rs.5
Then, Cost Price of 1 article is Rs 5/6
Now,
SP of 5 articles is 6.
So, SP of 1 article is 6/5.
Gain= SP-CP.
=6/5-5/6,
=11/30,
Now, Gain% = 11/30*100/5*6 = 44%.
Thank You.
Vader said:
8 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.
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.
Soumya sahoo said:
8 years ago
Cp of 1 article is 5/6.
So of 1 article is 6/5.
So profit is 6/5--5/6.
Profit percent is profit /cp*100.
6/5--5/6by 5/6 *100.
So of 1 article is 6/5.
So profit is 6/5--5/6.
Profit percent is profit /cp*100.
6/5--5/6by 5/6 *100.
Bhumi said:
8 years ago
How did we get 11? Explain.
Bhumi said:
8 years ago
Good explanation. Thanks
Bunny said:
8 years ago
Thanks @Mani.
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