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# Profit or Gain percent Shortcut tricks

## Profit or Gain percent Shortcut tricks

Profit or Gain percent shortcut tricks are very important thing to know for your exams. Time takes a huge part in competitive exams. If you know time management then everything will be easier for you. Most of us miss that part. Here in this page we give few examples on Profit or Gain percent shortcut tricks. We try to provide all types of shortcut tricks on profit or gain percent here. Visitors are requested to carefully read all shortcut examples. These examples will help you to understand shortcut tricks on Profit or Gain percent.

Before doing anything we recommend you to do a math practice set. Choose any twenty math problems and write it down on a page. Solve first ten math problems according to basic math formula. You also need to keep track of timing. Write down the time taken by you to solve those questions. Now read our examples on profit or gain percent shortcut tricks and practice few questions. After doing this go back to the remaining ten questions and solve those using shortcut methods. Again keep track of the time. The timing will be surely improved this time. But this is not enough. You need to practice more to improve your timing more.

### Few Things to Remember

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. A good score comes with practice and practice. The only thing you need to do is to do your math problems correctly and within time, and only shortcut tricks can give you that success. Again it does not mean that you can’t do maths without using shortcut tricks. You may do math problems within time without using any shortcut tricks. You may have that potential.

But, so many other peoples may not do the same. Here we prepared profit or gain percent shortcut tricks for those people. We try our level best to put together all types of shortcut methods here. But we may miss few of them. If you know anything else rather than this please do share with us. Your help will help others.

We are follow some important facts and formula without this we are not able to calculate any profit or Gain percent any articles using shortcut tricks.when we purchase some item and then sell it we make profit some time 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.

### Note

In case of Profit and Loss, the relation in between Cost Price and Sell Price is-
Suppose a profit of 30% accrued on by selling an article. This means,

• Cost Price of Article is 100%
• Selling Price of Article is 130%
• Profit of Article after Selling is 30%

Formula
Gain % = (Gain x 100/C.P)

### Example #1 – Profit or Gain percent

P sells an item to Q at a profit of 20% and Q sells it to R at a profit of 25%. If R pays Rs.225/- for it. Find the cost price of it.

1. Rs.100/-
2. Rs.175/-
3. Rs.155/-
4. Rs.150/-

Show Answer Show How to Solve Open Rough Workspace

How to Solve
Required price is:
100 x 100 x 225 / 120 x 125 = 150

Cost price of that item is Rs.150/-.

Rough Workspace

### Example #2 – Profit or Gain percent

A boy purchased an item for Rs.80/- and sold it for Rs.100/-. What would be his profit % ?

1. 25%
2. 20%
3. 30%
4. 22.22%

Show Answer Show How to Solve Show Shortcut Tricks Open Rough Workspace

How to Solve
CP of the item = Rs.80/-
SP of the item = Rs.100/-
Profit is = 100 – 80 = Rs.20/-
Profit % = profit x 100 / CP
= 20 x 100 / 80
= 25%
Shortcut Tricks
Profit % = 20 x 100 / 80 = 25%
Rough Workspace

### Example #3 – Profit or Gain percent

If selling price of an item is 6/5 of it’s cost price, then what would be profit in that?

1. 15%
2. 20%
3. 25%
4. 30%

Show Answer Show How to Solve Open Rough Workspace

How to Solve
Let, Cost Price is C.
Selling Price is 6C / 5
Gain = 6C / 5 – C = C / 5
Gain % = C x 1 x 100 / 5 x C = 20%
Rough Workspace

### Example #4 – Profit or Gain percent

A shopkeeper bought 80kg of onion for Rs.640/- and sold the whole onion at the price of Rs.8.50/- per kg. What would be his gain percent?

1. 0.5%
2. 5%
3. 6.25%
4. 10%

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How to Solve
Cost price of 1 kg = 640 / 80 = Rs.8/-
Selling price of 1 kg = 8.50
gain% = 0.50 x 100 / 8 = 6.25%
Rough Workspace

### Example #5 – Profit or Gain percent

A shopkeeper sells one Radio for Rs.840/- at a gain of 20% and another for Rs.1056/- at a loss of 4%. What would be his total gain or loss percent?

1. 15%
2. 10%
3. 7%
4. 5.33%

Show Answer Show How to Solve Open Rough Workspace

How to Solve
CP of first radio is = 100 x 840 / 120 = Rs.700/-
CP of second radio is = 100 x 1056 / 96 = Rs.1100/-
Total SP = 840 + 1056 = Rs.1896/-
Profit = 1896 – 1800 = Rs.96/-
Profit % = 96 x 100 / 1800 = 5.33%.
Rough Workspace

### Example #6 – Profit or Gain percent

By selling an item for Rs.250/- one gains Rs.50/-. What would be the gain % ?

1. 15%
2. 20%
3. 25%
4. 30%

Show Answer Show How to Solve Open Rough Workspace

How to Solve
Cost price of an Item is ( 250 – 50 ) = Rs.200/-
So, Profit % = 50 x 100 / 200 = 25%.
Rough Workspace

### Example #7 – Profit or Gain percent

By selling an item for Rs.260/- one gains Rs.20/-. What would be his gain % ?

1. 8.33%
2. 10%
3. 12%
4. 15%

Show Answer Show How to Solve Open Rough Workspace

How to Solve
Cost price = 260 – 20 = Rs.240/-
Profit % = 20 x 100 / 240 = 8.33%.
Rough Workspace

### Example #8 – Profit or Gain percent

Salim purchase an article for Rs.40/- and sells it for Rs.60/-. Find his gain percent.

1. 33.33%
2. 25%
3. 35%
4. 50%

Show Answer Show How to Solve Open Rough Workspace

How to Solve
CP = 40 and SP = 60
Gain = 60 – 40 = 20
Gain % = 20 x 100 / 40 = 50%.
Rough Workspace

### Example #9 – Profit or Gain percent

Rana purchase a ball for Rs.80/- and sells it for Rs.100/-. Find his gain percent.

1. 22%
2. 25%
3. 30%
4. 40%

Show Answer Show How to Solve Open Rough Workspace

How to Solve
CP = 80 and SP = 100
Gain = 100 – 80 = 20
Gain % = 20 x 100 / 80 = 25%.
Rough Workspace

### Example #10 – Profit or Gain percent

A farmer purchase an article for Rs.25/- and sells it for Rs.28/-. Find his gain percent.

1. 12%
2. 15%
3. 20%
4. 25%

Show Answer Show How to Solve Open Rough Workspace

How to Solve
CP = 25 and SP = 28
Gain = 28 – 25 = 3
Gain % = 3 x 100 / 25 = 12%.
Rough Workspace

### Example #11

An untruthful retailer sell his product at cost price. However he uses a weight of 950 grams for a kg weight. Find his gain percent.

1. 4.843%
2. 5.263%
3. 5.865%
4. 6%

Show Answer Show How to Solve Open Rough Workspace

How to Solve
We apply gain% formula
1 Kg = 1000 grams.
Profit of untruthful retailer = ( 1000 grams – 950 grams ) = 50 grams.
Gain% = [ Error x 100 / ( True Value ) – (Error) ]%
50 x 100 / 950 = 5000 / 950
= 5.263%

So, his gain percent is 5.263157894736842%

Rough Workspace

### Example #12

A dishonest wholesaler sell his goods at a cost price and use weight of 800 gm instead of one kilogram weight. What profit will he make?

1. 13%
2. 19%
3. 22%
4. 25%

Show Answer Show How to Solve Open Rough Workspace

How to Solve
200 x 100 / 800 = 25%.
Rough Workspace

### Example #13

A women went to a shop to bought chocolate at 6 for a rupee. To gain 20% profit how many for a rupee shall she sell?

1. 6
2. 3
3. 7
4. 5

Show Answer Show How to Solve Open Rough Workspace

How to Solve
Cost price of 6 chocolate is Rs.1/-.
So, to Gain 20% of 1 rupee = 100 / 120 = 5 / 6.
= 5 x 6 / 6 = 5.

To gain 20% profit she shall sell 5 chocolate for a rupee.

Rough Workspace

### Example #14

Sunita bought a TV for Rs.18000/- and sold it for Rs.22000/-. How much profit she gets?

1. 15.50%
2. 20.20%
3. 22.22%
4. 33.33%

Show Answer Show How to Solve Open Rough Workspace

How to Solve
22000 – 18000 = 4000.
Profit she gets = 4000 x 100 / 18000 = 200 / 9 = 22.222222222%.

So, his gain profit is 22.22%.

Rough Workspace

### Example #15

Nilesh mixes 22 Kg of rice of Rs.18/- per kg with another type of 24 Kg rice of Rs.16/- per kg. He then sell the new mixture for Rs.20/- per kg. What would be his profit percent?

1. 12%
2. 15%
3. 17.95%
4. 19.50%

Show Answer Show How to Solve Open Rough Workspace

How to Solve
22 x 18 + 24 x 16 = ( 396 + 384 ) = 780
Total kg of rice = 22 + 24 = 46
Selling price is = ( 46 x 20 ) = 920
Profit = ( 920 – 780 ) = 140
Profit % = 140 x 100 / 780 = 17.95%.
Rough Workspace

### Example #16

Samir bought a car at 11/15 of it’s selling price and after that sold it at 15% more then it’s selling price. What would be his gain?

1. 510/12 %
2. 444/13 %
3. 525/13 %
4. 625/11 %

Show Answer Show How to Solve Open Rough Workspace

How to Solve
Let, Selling price be X
Cost price is 11/15 X,
Sold it more 15% that is = 115% of Rs X is = 115 / 100 = 23 / 20X.
So, gain = 23 / 20 – 11 / 15 = 5/12
So, gain % is = 5 x 15 x 100 / 12 x 11 = 625/11 %.
Rough Workspace

### Example #17

Some goods item was purchased at 7 for Rs.6/- and is sold at 6 for Rs.7/-. What would be the gain percent?

1. 50/9%
2. 225/12%
3. 300/11%
4. 325/9%

Show Answer Show How to Solve Open Rough Workspace

How to Solve
So, Number of goods was purchase = We need to do is L.C.M of 7 and 6 = 42.
So, Cost price 42 goods item = Rs 6 x 42 / 7 = 36.
Selling Price of 42 goods item is = 7 x 42 / 6 = 49.
So, gain = ( 49 – 36 ) = 13
Gain% is = 13 x 100 / 36 = 325/9%.
Rough Workspace

### Example #18

Find her gain or loss percent if a women purchase oranges at 5 for Rs.4/- and sold them at 4 for Rs.5/-.

1. 56.25%
2. 50.25%
3. 48.75%
4. 40.50%

Show Answer Show How to Solve Open Rough Workspace

How to Solve
Let, she purchase number of oranges L.C.M of 5 and 4
Cost price = ( 4 x 20 / 5 ) = Rs.16/-
So, Selling price = ( 5 x 20 / 4 ) = Rs.25/-
Profit = 25 – 16 / 16 = 9/16
So, gain percent = ( 9 x 100 / 16 )% = 56.25%.
Rough Workspace

### Example #19

A boy buys apple at 8 for Rs.9/- and sells 9 apples for Rs.8/-. How much profit or loss does he makes?

1. 20.98% Ptofit
2. 20.98% Loss
3. 25.75% Profit
4. 25.75% Loss

Show Answer Show How to Solve Open Rough Workspace

How to Solve
(8 x 8)-(9 x 9)/9×9 x 100 = -20.98%
The sign is -ve, there is a loss of 20.98%.
Rough Workspace

### Few Examples of Profit and Loss Tricks

If You Have any question regarding Profit or Gain percent then please do comment on below section. You can also send us message on facebook.

1. jay prakash says:

• Rabi Mandal says:

Thanks jay prakash…

2. heena says:

very tough examples ……..

3. Rupam Mallick says:

Fantastic and extremely helpful. Pl let me know how can I save and use it for ready reference.

4. Neha aggarwal says:

EX.13 i don’t got it

5. Neha aggarwal says:

EX.13 very tuff i don’t got it

• here we assume she purchase six oranges of each kind. means 6 of each kind, both kind = 12 oranges.
than purchase oranges at 2 for Rs. 1 of each kind = 1 x 6/ 2. equal number at 3 for Rs 2 of each kind = 2 x 6 / 3
So, add both kind of 12 oranges cost price price we get Rs.7. and than find selling price after that applied gain% formula.

6. Vanita says:

Please explain example 8 . I cannt understand why ur multipling by 6 in last step

• tinu says:

C.P. of 6 toffees = Re. 1

S.P. of 6 toffees = 120% of Re. 1 = Rs. 6
5
For Rs. 6 , toffees sold = 6.
5
For Re. 1, toffees sold = 6 x 5 = 5.

7. tinu says:

C.P. of 6 choco= Re. 1

S.P. of 6 choco= 120% of Re. 1 = Rs. 6/5(gain 20%)

For Rs. 6/5, choco sold = 6.

For Re. 1, choco sold =6 x (5/6) = 5.

8. Atul says:

Sir mera math kafi weak h mai kis tarah ki taiyari karu ki mera achha number aaye pleas sir tips me

9. Deepika says:

pls explain ex:15

10. tanisha says:

On selling an article of rs 240 ,a trader loses 4%.inorder to gain 10% he must sell that article for ???? Plzz solve this ….options are a) 275 b) 340 c) 320 d) 264

• Ravi says:

275 ….. Sp=(100-loss \100*)cp

And sp=(100+gain\100)*cp

• sunil says:

S.p =240
C.p = 240/96×100 = 250
To gain 10% profit the s.p will be
=250×1.1=275

• Mahesh says:

4% lOSS = 240*100/96=250
10% GAIN = 250*10/100=25
In order to gain 10% he must have to sell that article 250+25=275

ans: 275

11. bindhu says:

can u please explain example 2

12. Amit singh says:

Maybe the options given by you is wrong price of article will be 294

13. Anchal says:

i am not getting the language of first question… how you can tae 6 as profit or 10 as cp???

14. jayshree says:

can you please explain ex 1

• Roopa says:

c.p=(100/(100+gain%)xs.p

15. vishak says:

16. deepika says:

i have doubt in 10th example sum. plz clarify. 10th , 11th are based on same model. but in 10th true value is taken as 1000 whereas in 11th example it is 800.

• in 10th example we need to find the gain% formula Gain% = [ Error x 100 / ( True Value ) ]%
In 11th example we need to find the Profit of dishonest wholesaler, Formula = Profit of dishonest wholesaler = profit of dishonest wholesaler x 100 / CP of dishonest wholesaler ,

17. joy says:

18. sumit says:

pls explain me ex 1…ne1 pls

19. Kavita says:

Ya it’s supeeeerrrrr really it’s very helpful in bank exams

20. sindhu says:

21. sindhu says:

the formula to find selling price is s.p=c.p*(100+p% /100)
for c.p its {c.p=s.p*(100 / 100+p%)}….
so…225*100*100 / 120*125 = 150

22. Saranya says:

Plz explain eg:15,it’s vry diffficult for me to Understand

23. Astut Kumar says:

19Th question how to solve

24. Mohit Jha says:

A fan listed of Rs, 1500 and a discount of 20% is offered on the list price. What additional discount must be offered to the customer to bring the net price to Rs. 1104 ?

a)8% b)10% c)12% d)15%