Ranks in the Army

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.


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The quickest way to calculate percentages is to multiply numbers first and handle two decimal places later.

For example, 20% of 70 is 20 x 70 = 1400, so the answer is 14. .

70% of 20 is also 14.

To calculate the percentage of 72 or 29, then round up and down to the nearest multiple (70 and 30 respectively) to get a quick approx result.

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Code -“BHAJI SABJI FOR MAASAAB”.

B : Babur.

H : Humayun.

A : Akbar.

JI : Jahangir.

S : Shah jahan.

A : Aurangazeb.

B : Bahadur shah.

JI : Jahandar shah.

For : Farrukhsiyar.

M : Muhammad Shah.

A : Ahmad Shah.

A : Alamgir II.

SA : Shah Alam II.

A : Akbar II.

B : Bahadur Shah Zafar.

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