Home » Aptitude » Profit and Loss

What is the profit or loss % when a shopkeeper bought 4 mangoes for Rs. 6 and sold them @ 4 mangoes for Rs. 4?

Correct Answer: 33.333%

Explanation:

Cost of 4 mangoes = Rs. 6 


Cost of 1 mango = Rs. 6/4 = Rs. 1.5


Now, Selling Price of 4 mangoes = Rs. 4


Selling Price of 1 mango = Rs. 4/4 = Rs. 1.0


 


      • We observe that, S.P < C.P

 


Hence, the shopkeeper incurs a loss.


 


Required loss% = loss/C.P x 100


Loss = 1.5 - 1 = 0.5


C.P = 1.5


Loss% = (0.5/1.5) x 100


 = (5/15) x 100


 = 1/3 x 100


 = 100/3


 = 33.333%.


← Previous Question Next Question→

More Questions from Profit and Loss

Discussion & Comments

No comments yet. Be the first to comment!
Join Discussion