Profit and loss aptitude questions and answers page 2. Profit and loss formulas for quantitative aptitude profit and loss shortcut tricks for bank exams, ssc cgl profit and loss problems with solutions. Solved examples with detailed answer description, explanation are given and it would be easy to understand. Both x and y, here are profit loss percentages, as given in the question. If the selling price is more than the cost price, the difference between them is the profit incurred. Profit and loss is the branch of basic mathematics which deals with the. Year to date profit and loss statement versus current month profit and loss account. Aptitude profit and loss online test, profit and loss mock. A loss is money lost when a certain commodity is sold at price lower than cost price.
You will find solved aptitude examples with detailed explanation and important formulas. Profit and loss questions for cat pdf consists of the important questions on profit and loss for cat exam. Using the shortcuts given in this section, you can solve any word problem on profit and loss easily. Profit and loss shortcuts tricks pdf onlinemath4all. Profit and loss formula is one of the most important mathematical formulas which are used to calculate many maths problems in our academic and daily life. When an article is sold out at more price than cost price in that case you will get profit. Profit and loss aptitude questions candidates who are having the curiosity to know the profit and loss quiz topics they must read this article. It evolved as a concept so that there can be a uniform platform for comparing different values. Aptitude shortcut methods and rules for profit and loss download. Loss%common profit or loss percentage10 2 they said a trader sold two goods at same price,say 100 rupees. Profit is money earned when a certain commodity is sold at price higher than cost price. Profit and loss formulas with questions and answers quantitative.
And, all the candidates who are looking for profit loss and discount questions, profit and loss amcat questions, online mock test on profit and loss and profit and loss formulas can get them too from here. Profit percentage, as well as loss percentage, is carried with respect to c. And also in the following section people can find the formulae of profit and loss. Download profit and loss, discount formulas pdf for cat 2017. Complete quantitative aptitude 2019 pdf download learn more. Remember profit and loss is nothing else but an application of percentages and basic calculation skills. Profit and loss important formulas aptitude questions and answers. The profit and loss formula calculations are all the same too. Profit and loss basic concepts, formulas, tricks and. Profit and loss formula with excel templates and pdf download. Profit and loss, discount formulas for cat pdf cracku. This profit, loss and discount questions and answers pdf will be very helpful for quantitative aptitude section of cat. On one he gains x% and loses x% on another, then as a whole he will be in loss and the loss percentage will be equal to. Aptitude shortcuts methods and formulas that used in aptitude questions related to profit and loss were given below in pdf.
Cost price it is basically the price at which a commodity or object is bought at. You can copy this formulas in your note book and also can memorise with me. Profit and loss quantitative aptitude video tutorial. This is aptitude questions and answers section on profit and loss with the explanation for various interview, competitive examinations, and entrance tests. If selling price is greater than cost price, the seller makes profit or gain.
Profit and loss basic concepts, formulas, tricks and examples. In this video i discussed important formulas of profit and loss. To download profit and loss shortcuts as pdf document. When a person sells two similar items, one at a gain of say x% and the other at a loss of say x%. Profit and loss formula is used in mathematics to determine the price of a commodity in the market and understand how profitable a business is. Also, learn to calculate the complex problems based on selling price, cost price and marked price. Profit and loss is important topic in quantative aptitude test, lets see basic definition of profit and loss. If an article is sold at a profit of say, 20%, then sp 120% of cp. You will have to read all the given answers and click over the correct answer.
Underneath points make you to understand about profit and loss. If the sp is less than the cp then seller makes loss. Questions and answers on profit and loss chapter exercise 4. Now let us solve some illustration to get idea about profit and loss aptitude questions. This page contains questions and answers on profit and loss that are mostly asked in competitive exams, interviews, and entrance tests. Cost price is defined as price at which an article is purchased. If an article is sold at a loss of say, 20%, then sp 80% of cp. The below aptitude questions and answers can improve your skills in order to face the interview, competitive examination, govt exams and.
Top 10 important profit and loss problems short tricks ibps guide. Quantitative aptitude profit loss discounts problems with. Shopkeeper buying sugar from farmer to sell in his grocery store. The formulas will make profit and loss, discount topic easier for your cat exam. Profit and loss quantitative aptitude questions and answers. Candidates are you seeking to practice the multiple choice questions based on this profit and loss topic often make an. Aptitude profit and loss question and answers in pdf. Based on the values of these prices, we can calculate the profit gained or the loss of money for a particular product. The price at which articles item purchased is called as cost price c. Special cases short cuts for two successive profits or losses on an item, the formula for the resultant profit loss % is. Most organised businesses track their monthbymonth profit and loss accounts.
This is the aptitude questions and answers section on profit and loss important formulas with explanation for various interview, competitive examination and entrance test. You the table of contents given below to go through these articles. The price, at which an article is brought, including all costs such as transportation, taxes, etc. One can generate a profit only if selling price cost price. These illustrations will have the application of the profit and. Maths tricks for profit and loss pdf in hindi download free. Formulas for profit and loss profit and loss formulas. There are a lot more benefits by practicing the profit and loss quiz. Aptitude profit and loss aptitude questions and answers. Profit and loss is a part of the quantitative aptitude section. Selling price is defined as price at which an article is sold. The price at which articles item sold is called as selling price s. Profit and loss aptitude profit and loss questions and. Profit and loss formula in maths tricks and solved problems byjus.
Frequently asked maths profit and loss questions or problems with solutions for all competitive exams like bank exams po, clerk,cat, ssc, interviews and quiz tests. If the manufacturer gains 10%, the wholesale dealer 15% and the retailer 25%, then find the cost of production of a table, the retail price of which is rs. Important profit and loss problems short tricks for ibps poclerk exams. As the loss and profit percent are equal the trader will always get loss. Similarly, if an article is sold at loss of 18%, then by using the second formula, you can find that s. One generates a loss when selling price cost price. This is the aptitude questions and answers section on profit and loss important formulas with explanation for various interview, competitive examination and. After he sold both goods, one good got some loss which is equal to the profit of the other good,say 10%.
Percent is derived from a phrase in latin per centum which means per hundred. If the selling price is less than the cost price, the difference between them is the loss incurred. Learn maths profit and loss concepts with formulas and tricks. These illustrations will have the application of the profit and loss formula.
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