Profit and Loss Shortcut tricks:
Before going to chapter we are follow some important facts and formule 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.
C P( Cost Price ):
The Price at which an article is purchased, is called its cost price or In shot called C P.
Cost price is amount of money goes out from us when purchase any article.
SP( Selling Price ):
The price at which an 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. is greater than C.P, then seller is said to have a profit or gain.
Loss:
If S.P. is less than C.P., the seller said to have a loss.
Marked Price :
When we purchase any item we saw the label price or marked Price or listed Price and denoted by MP.
Some important formulas:
1.Selling price is greater then cost price is called Gain.
Gain = (S.P) - (C.P)
15% Profit on article that means,
Cost price 100%
Selling Price 115%
Profit 15%
2.If Cost priceis greater 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.
Here is some profit and loss 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.
Before going to chapter we are follow some important facts and formule 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.
C P( Cost Price ):
The Price at which an article is purchased, is called its cost price or In shot called C P.
Cost price is amount of money goes out from us when purchase any article.
SP( Selling Price ):
The price at which an 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. is greater than C.P, then seller is said to have a profit or gain.
Loss:
If S.P. is less than C.P., the seller said to have a loss.
Marked Price :
When we purchase any item we saw the label price or marked Price or listed Price and denoted by MP.
Some important formulas:
1.Selling price is greater then cost price is called Gain.
Gain = (S.P) - (C.P)
15% Profit on article that means,
Cost price 100%
Selling Price 115%
Profit 15%
2.If Cost priceis greater 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.
Here is some profit and loss sub link of Examples which help you better understanding.
Different types of Profit and Loss Shortcut Tricks
- Profit or Gain percent Shortcut tricks
- Loss percent Shortcut tricks
- Find selling Price Profit and Loss Shortcut tricks
- Find cost price Profit and Loss Shortcut tricks
- Profit and Loss Example 1
- Profit and Loss Example 2
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.
1 comment:
20% loss on S.P. is what % loss on the C.P. ?
1)25%
2)15%
3)16 1/3%
4)16 2/3%
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