Latest Accenture Aptitude Question SOLUTION: A man purchased a waten for Rs. 400 and sold it at a gain of 20% of the selling price. The selling price of the watch is:

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A man purchased a waten for Rs. 400 and sold it at a gain of 20% of the selling price. The selling price of the watch is:

Asked In Accenture h g shiva kumar (9 years ago)

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JANARTHANAN RAM  (8 years ago)

Ans: 500
Guys ,You have a confusion that whether ans is 480 or 500 right?
If the Qn is "purchased for Rs. 400 and sold it at a gain of 20% of the Cost price ?""
Then You can say 400+20% of CP=SP ==> 400+20% of 400=SP => SP=480
But the Qn is "purchased for Rs. 400 and sold it at a gain of 20% of the Selling price ?"
So Formula will be: 400+20% of SP=SP => 400+0.2SP=SP => 0.8SP=400
So SP=500

Is this solution Helpfull? Yes (25) | No (2)  

Raghava Akula  (9 years ago)

Ans)500
gain=sp-cp
20%of sp=sp-cp
cp=sp(1-20/100) -> cp=sp*4/5 ->sp=cp*5/4=>sp=400*5/4=500

Is this solution Helpfull? Yes (20) | No (11)  

kmohan  (9 years ago)

Ans: Rs 480
cp= Rs 400 ,gain =20%, sp=(((100+gain %)/100)*cp)=480

Is this solution Helpfull? Yes (19) | No (16)  

hema  (9 years ago)

cp 400 gain 20%of sp
sp= c.p + gain
sp = cp +( 20%of sp)
sp =400 + (sp/5)
5sp=(2000+sp)
4sp=2000
sp =2000/4=500
sp =Rs.500

Is this solution Helpfull? Yes (12) | No (3)  

Monika Makwana  (9 years ago)

cp=400
20% of sp=sp-cp
so sp=500

Is this solution Helpfull? Yes (5) | No (2)  

jacky kumar  (9 years ago)

480
400*20/100=80
=>400+80=480

Is this solution Helpfull? Yes (3) | No (2)  

jacky kumar  (9 years ago)

480 bcz 400+400*20/100=480

Is this solution Helpfull? Yes (3) | No (2)  

Ajit  (9 years ago)

man purchased watch by 400 & they sold by gain of 20%
therefore 400*(20/100)=80
now 400+80=480

Is this solution Helpfull? Yes (3) | No (4)  

karishma ket  (9 years ago)

480
120% of 400

Is this solution Helpfull? Yes (3) | No (2)  

Deeksha Joshi  (9 years ago)

SP=120*400/100
=480

Is this solution Helpfull? Yes (2) | No (4)  

ETWARI KUMAR  (9 years ago)

500 is right ans

Is this solution Helpfull? Yes (2) | No (1)  

Bindu priya  (9 years ago)

cp-400
g%-20
sp-?
sp=400*20/100=80
sp=80+400=480rs

Is this solution Helpfull? Yes (1) | No (4)  

venkatesh  (9 years ago)

480=400*120/100

Is this solution Helpfull? Yes (1) | No (3)  

puja  (9 years ago)

cp=400;
gain%=20%;
sp=cp+gain%of cp;
sp=400+20%0f 400;
sp=400+80;
sp=480..

Is this solution Helpfull? Yes (1) | No (3)  

Nick Taker  (9 years ago)

we use the concept of profit multiplier
sp = cp * p.m where pm = gain% = 20 so 100+20 that = 120 and multiply it with 100 we got 1.2
sp = 400 *1.2
sp = 480

Is this solution Helpfull? Yes (1) | No (2)  

pawan  (9 years ago)

sp=(100+gain)*cp/100
sp=(100+20)*400/100
sp=480

Is this solution Helpfull? Yes (1) | No (2)  

suchitra dash  (9 years ago)

it gain 20% of selling price,so 500 ans

Is this solution Helpfull? Yes (1) | No (1)  

TANYA KAR  (9 years ago)

S.P =((100+ GAIN%)/100) *C.P
= (120/100 ) *400
= 480

Is this solution Helpfull? Yes (1) | No (2)  

pradeep  (7 years ago)

500
400+20%x=x(x is selling price)
x=500

Is this solution Helpfull? Yes (1) | No (1)  

Divya Batra  (7 years ago)

answer can be 480 or 500, but the correct solution is 500.
three cases arise here.
case 1 - as it is specifically mentioned that 20% of SP. So, by using formula of gain=SP-CP,
=>20% of SP=SP-CP
=>20% of SP=SP-400
=>SP-SP/5=400
=>SP=500
case 2 - if it is given that gain of 20%, then using formula of gain%,
20=((SP-400)/400)*100
->SP=480
case 3 - if it is given that gain of 20% of CP, then by formula of gain=SP-CP,
20% of 400=SP-400
->SP=480

Is this solution Helpfull? Yes (1) | No (1)  

Atul Surya  (9 years ago)

ans=480
gain%=gain*100/cp (gain%=20, cp=400, sp=(100+gain%) put this value

Is this solution Helpfull? Yes | No (2)  

Hemalatha  (9 years ago)

480
he bought for 400 and gain is 80 so selling price is 480

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Ashish Pathak  (9 years ago)

sp=((100+gain%)/100)*cp)=(120/100)*400=360

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tamilmani  (9 years ago)

COST PRICE=400
GAIN =20%
GAIN AMT =400*(20/100)=80
SELLING PRICE =480

Is this solution Helpfull? Yes | No (1)  

mahendra neeli  (9 years ago)

And:480 cp=400,p%=

Is this solution Helpfull? Yes | No (1)  

Priyanka M  (8 years ago)

Cost price=400
Selling price=C.P+(C.P*gain)/100=

Rs.480

Is this solution Helpfull? Yes | No (1)  

mehar  (8 years ago)

Ans=Rs. 480
as the cost price is Rs=400
gain%=20
so selling price can be calculated by= 100+gain%/100 *cost price
ie 100+20/100*400=480

Is this solution Helpfull? Yes | No (1)  

Sushmita Nath  (8 years ago)

cp=400
sp=gain of 20% of sp
sp=cp+gain
sp=400+sp/5
5sp=2000+sp
4sp=2000
sp=2000/4=500

Is this solution Helpfull? Yes | No   

Ankit Sahu  (7 years ago)

SP-CP=20% of SP
=> SP-400=0.2SP
=>0.8SP=400
=>SP=500

Is this solution Helpfull? Yes | No (1)  

Naman  (5 years ago)

sp-p=cp
=> sp-20%of sp=cp
sp(1-(20/100)=400 then sp =500

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