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.

Lenses

കോൺവെക്സ് - ദീർഘദൃഷ്ടി.
കോൺകേവ് - ഹ്രസ്വദൃഷ്ടി .
സിലണ്ട്രിക്കൽ - വിഷമദൃഷ്ടി.

കോഡ്: .

മലയാളത്തിൽ \'\'കോൺവെക്സ് \" എന്നെഴുതുമ്പോൾ മറ്റ് ലെൻസുകളെ അപേക്ഷിച്ച് ദീർഘമുള്ള പേരാണ് ഇത്. അതിനാൽ ദീർഘദൃഷ്ടി പരിഹരിക്കാനുപയോഗിക്കുന്നു \' .
മലയാളത്തിലെഴുതുമ്പോൾ \"കോൺകേവ് \" എന്ന വാക്ക് മറ്റ് ലെൻസുകളുടെ പേരെഴുതുന്നതിനേക്കാൾ ചെറുതാണ്. ഹ്രസ്വദൃഷ്ടി പരിഹരിക്കാനുപ�...

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Simple and Compound Interest Formula

P - Principal, the sum of money lent or borrowed. .

R - Rate of interest: Annual interest, often expressed as a percentage. .

T - Time period for which the money is lent or borrowed. .

Simple Interest = Principal * Time * Rate of interest / 100 .

SI = 4000× 8% × 4 = 4000× 0.08 × 4.

= 1280. .

In compound interest , the principal amount with interest after the first time period becomes the part of principal for the next time period.

CI = [P (1 + R/100)^T] – P .

Total amount = [P (1 + R/100)^T] .

If time period is half-yearly, .

Amount = P[1 + (R/2)/100]^2T .

If time period is quarterly, .

Amount = P[1 + (R/4)/100...

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Trick to remember the name of G-8 Countries.

Code: ABC FIR GJ.

A : America .

B : Britain.

C : Canada.

F : France.

I : Italy.

R : Russia.

G : Germany.

J : Japan.

...

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Profit and Loss Formulas and Tips