 # Aptitude - Aptitude-Profit Loss

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A sells an article which costs him Rs. 400 to B at a profit of 20%. B then sells it to C, making a profit of 10% on the price he paid to A. How much does C pay B ?

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20% profit on 400 = (20/100) x 400 = 80

Thus A sells the article for 480 Rs. to B.

10% profit on 480 = (10/100) x 480 = 48

Thus B sells the article for 528 Rs. to C

A man buys an article for 10% less than its value and sells it for 10% more than its value. His gain or loss percent is ?

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Let the value of the article be Rs. 100.

The man buys for 10% less than its value, therfore he buys for Rs. 90.

The man sells for 10% more than its value, therfore he sells for Rs. 110.

Obviously, he makes gain and the gain = 110 - 90 = 20

In percentage, Gain = (20/90) x 100 = 200/9 = 22.22.. %

Thus, he makes more than 20% profit.

30% loss on cost price in what percent loss on selling price?

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Let the C.P= 100

30% loss on cost price = 70

percent loss on selling price = ( 30/70 ) x 100

= 300/7 = 42.85

John bought 15 apples for Rs.10 and sold them at the rate of 12 apples for Rs.12. What is the percentage of profit made by him?

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John bought 15 apples for Rs.10, therefore price of an apple is 0.666.. .

He sells at the rate of 12 apples for Rs.12, thus the selling price of an apple in Rs. = 1

Profit = 1 - 0.666... = 0.333...

Percentage of profit = (0.333 ... / 0.666 ..) x 100 = 50%

The ratio of the cost price and the selling price is 4 : 5. The profit percent is ?

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• b
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