Latest TCS Aptitude Question SOLUTION: A person buys a brand new Honda bicycle for Rs.800. He uses it for a year and then sells it. He makes a profit of 10% in this transaction. Then, again, he buys a new cycle but find

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(#M40024928) TCS Numerical Ability question Keep an EYE

A person buys a brand new Honda bicycle for Rs.800. He uses it for a year and then sells it. He makes a profit of 10% in this transaction. Then, again, he buys a new cycle but finds that the price has gone up by 20%. He uses the new cycle for a year and then sells it for a profit of 30%. Find the average annual profit of the person through these transactions.

Asked In TCS Ramya (10 years ago)

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sarang singla  (10 years ago)

cp of first bicycle - 800
sp of first bicycle - 880
cp of second bicycle - 960
sp of second bicycle - 960 + 0.30*960= 1248
total profit in 2 years = 880+ 1248-800-960 = 368
profit in 1 year = 184

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LOVENEET SALHOTRA  (10 years ago)

first profit 800*10/100=80;
second price of cycle 800+800*20/100=960
second time gain is 960*30/100=288
total profit is=80+288=368;
avg profit is 368/2=184rs

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shankar narayan v  (10 years ago)

288+80=368
368/2=184
ans:184

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ritesh sharma  (10 years ago)

total profit=rs 38l
avg annual profit=386/4=96 since he uses it for 1 year hence total year=4

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Mallik konambhotla  (10 years ago)

cp=800
sp=880 so the profit is 80
2nd cycle
cp=960
sp=1248,the profit is 288
avg annual profit is (288+80)/2=368/2=184

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dinesh  (10 years ago)

answer is 20.90% profit

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Mahendra Sethiya  (10 years ago)

184 is the correct one

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Guru Pranav  (10 years ago)

profit per year = 368/2 = 169 ans.

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Ankita Dasgupta  (8 years ago)

CP OF THE CYCLE AT FIRST WAS 800 AND THE SP WAS (110/100)*800=880...
NOW THE CP HAS INCREASED BY 20%....SO THE NEW CP WILL BE (120/100)*800=960 AND THE SP WILL BE (120/100)*960=1248
THEREFORE THE PROFIT WILL BE SP-CP=(880+1248)-(800+960)=368
FOR ONE YEAR IT IS 368/2=184

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