Profit and Loss Shortcut Tricks

Profit and Loss Shortcut Tricks

Shortcut tricks on profit and loss are one of the most important topics in exams. Competitive exams are all about time. If you know how to manage time then you will surely do great in your exam. Most of us miss this thing. Here in this page we give few examples on profit and loss shortcut tricks. We try to provide all types of shortcut tricks on profit and loss here. Visitors please read carefully all shortcut examples. These examples here will help you to better understand shortcut tricks on profit and loss.

Before doing anything we recommend you to do a math practice set. Choose any twenty math problems and write it down on a page. Using basic math formula do first ten maths of that page. You also need to keep track of the time. After solving all ten math questions write down total time taken by you to solve those questions. Now read our examples on profit and loss shortcut tricks and practice few questions. After finishing this do remaining questions using profit and loss shortcut tricks. Again keep track of Timing. This time you will surely see improvement in your timing. But this is not all you need. If you need to improve your timing more then you need to practice more.

We all know that the most important thing in competitive exams is Mathematics. That doesn’t mean that other topics are less important. You can get a good score only if you get a good score in math section. You can get good score only by practicing more and more. You should do your math problems within time with correctness, and you can do this only by using shortcut tricks. But it doesn’t mean that you can’t do math problems without using any shortcut tricks. You may have that potential that you may do maths within time without using any shortcut tricks. But so many other people may not do the same. So profit and loss shortcut tricks here for those people. Here in this page we try to put all types of shortcut tricks on profit and loss. But it possible we miss any. We appreciate if you share that with us. Your little help will help so many needy.

Now we will discuss some basic ideas of Profit and Loss. On the basis of these ideas we will learn trick and tips of shortcut profit and loss. If you think that how to solve profit and loss questions using profit and loss shortcut tricks, then further studies will help you to do so.

 

Profit and Loss Shortcut tricks:
Before going to chapter we are follow some important facts and formula without this we are not able to calculate any profit or loss on any articles using shortcut tricks. when we purchase some item and then sell it we make profit or loss some time it depends on the cost price and selling price of an particular item. This type of problem are given in Quantitative Aptitude which is a very essential paper in banking exam. Under below  given some more example for your better practice.

Anything we learn in our school days was basics and that is well enough for passing our school exams. Now the time has come to learn for our competitive exams. For this we need our basics but also we have to learn something new. That’s where shortcut tricks are comes into action .

 


  • C P ( Cost Price ):

    The Price at which an particular item or article is purchased, is called its cost price or In short called C P. Cost price is amount of money goes out from us when purchase any article or any particular item.

  • SP ( Selling Price ):

    The price at which an particular item or article is sold, called its selling price or In short called SP.
    Selling Price is a amount of money came in when selling by any thing.

  • Profit or Gain:

    If S.P ( Selling Price ) of an item is more than C.P ( Cost Price ), then vendor is said to have a profit or gain.

  • Loss:

    If S.P ( Selling Price ) of an item is less than C.P ( Cost Price ), the vendor said to have a loss.

  • Marked Price :

    When we purchase any item we saw the label on it as price or marked Price and that is said to be MP ( Marked Price ).

 


Some important formulas:


  1. Selling price is more then cost price is called Gain.
    Gain = (S.P) – (C.P)
    15% Profit on item that means,
    Cost price 100%
    Selling Price 115%
    Profit 15%
  2. If Cost price is  more then Selling price is called Loss.
    Loss = ( C.P ) – ( S.P )
    15% Loss on article that means,
    Cost price 100%
    Selling Price 85%
    Loss 15%

 

    3. Profit and Loss is always calculated on C.P ( Cost Price ).

 

 

Here is some profit and loss shortcut tricks sub link of Examples which help you better understanding.

 

Different types of Profit and Loss Shortcut Tricks

 

We provide few tricks on Profit and Loss. Please visit this page to get updates on more Math Shortcut Tricks. You can also like our facebook page to get updates.

If You Have any question regarding this topic then please do comment on below section. You can also send us message on facebook.

34 comments

  1. Vikas Sakarwal says:

    एक दुकानदार 920 ग्राम के बांट का प्रयोग करता है 1 kg. के स्थान पर , यदि वह 15% का ही लाभ लेने की बात कहता हो तो उसका सही लाभ प्रतिशत बताइए ?
    1) 21%
    2) 22.22%
    3) 20%
    4) 25%

    Please sir solve this question and tell me the answer in detail.

  2. santosh kumar says:

    Imagine cost of goods is 100 rs.
    goods of 92 rs sold in 115 rs here
    Then goods of 100 rs will be sold on
    115×100÷92=125
    That is profit will be 25%.

  3. charanlal says:

    can u send these all maths basics and tips and examples and reasoning notes to my mail plzzzz

    u have any android app of this site

  4. pushkar says:

    This site is most useful site for preparing aptitude and reasoning.
    My suggestion is please don’t try to remember all the shortcuts for all topics. Because some times we can easily forget.
    I ma preparing some selected topics which I feel difficult. Now its became easy for me to score good marks. All the best friends. 🙂

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