Profit and Loss Formulas and Tips

Profit and loss is the one of major question section in Competitive exams. These formulas will be helpful for your upcoming Exams like PSC, SSC, IBPS and Other Competitive Exams.

Cost Price(CP) : The Price at which a particular item purchased, is called its Cost Price.
Selling Price (SP): The price at which a particular item is sold, called its Selling Price.
Profit: If Selling Price of an item is more than Cost Price , then vendor is said to have a Profit.
Loss: if Selling Price of an item is less than Cost Price, the vendor said to have a Loss.

Formulas

Profit = SP – CP
Profit % = Profit/(CP)×100
SP = ((100+Profit% )/100)×CP
CP = (100/(100+Profit%))×SP

Loss = CP – SP
Loss% = Loss/(CP)×100
SP = ((100-loss%)/100)×CP
CP = (100/(100-loss%))×SP

Examples:

1. The cost price of 40 apples is the same as the selling price of 25 apples. Find the gain percent.

Answer:

=(40-25)/25×100

=15/25×100=60%.

2. A Table was purchased for Rs. 470 and sold at a profit of 10%. Find the selling price.

Answer:

=(100+10)/100 X 470

=517.

First woman Indian Judiciary

Code: FLASK OC .

F : Fathima Beevi .

First woman judge in supreme court.

L : Leela seth .

First woman chief justice in High court.

A : Annachandy .

First woman judge in High court.

S : Sujatha Manohar .

First woman chief justice in Kerala High court.

K : K.K usha .

First malayali woman to become chief justice in Kerala high court.

O : Omana Kunhamma .

First lady magistrate in India.

C : Cornilia Sorabji .

First woman advocate in India.

...

Open

Memory Tips

പട്ടിക ജാതികാരുടെ പാ. വ 💥പട്ടിക ജാതിക്കാർ കൂടുതൽ പാലക്കാട്‌ കുറവ് വയനാട് വയനാട്, മതി.. ബാപാ വയനാട് ജില്ലയിലെ പുഴകൾ 👇🏼 1 മനന്താ വാടി 2 തിരുനെല്ലി 3 ബാവലി പുഴ 4 പനമരം 1984 ൽ ഇന്ദിരാജി കൊൽക്കത്തയിൽ മെട്രോയിൽ അണ്ടർഗ്രൗണ്ടിലൂടെ സഞ്ചരിക്കുമ്പോൾ ആണ് ഒരു ബ്ലൂ സ്റ്റാർ കണ്ടത് ഓപ്പറേഷൻ ബ്ലൂ സ്റ്റാർ = 1984 ഫസ്റ്റ് മെട്രോ in ഇന്ത്യ =1984(കൊൽക്കത്ത ) ഫസ്റ്റ് underground metro in ഇന്ത്യ = കൊൽക്കത്ത ഒരു സ്വാമി ക്ര�...

Open

BODMAS Rule

BODMAS is an acronym and it stands for Bracket, Of, Division, Multiplication, Addition and Subtraction. .

This explains the order of operations to solve an expression. According to Bodmas rule, if an expression contains brackets ((), {}, []) we have to first solve/simplify the bracket followed by of (powers and roots etc.), then division , multiplication , addition and subtraction from left to right. .

Example :.

7 + (6 × 52 + 3) = 7 + (6 × 25 + 3).

7 + (150 + 3).

7 + (153).

7 + 153 .

Ans: 160. .

...

Open

Profit and Loss Formulas and Tips