Profit And Loss Formulas - Aptitude Questions And Answers

Profit And Loss Formulas - Aptitude Questions And Answers


  • Posted by  Surya 
    28 Jan, 2012

    Cost Price: The Price at which article is purchased. abrivated as C.P

    Selling Price: The Price at which article is sold. abbribate as S.P

    Profit Of Gain:If SP is Greater than CP,The Selling Price is said to have Profit of gain.

    Loss: if SP is less than CP,The Seller is said to incured Loss.

    Formulas:

    1.gain=(sp)-(cp).

    2.loss=(cp)-(sp).

    3.loss or gain is always reckoned on cp

    4. gain %={gain*100}/cp.

    5.loss%={loss*100}/cp.

    6.sp={(100+gain%) /100}*cp.

    7.sp={(100-loss%)/100}*cp.

    8.{100/(100+gain%)} *sp

    9.cp=100/(100-loss%)}*sp

    10.if the article is sold at a gain of say 35%, then sp =135% of cp

    11.if a article is sold at a loss of say 35%. then sp=65% of cp.

    12.when a person sells two items,one at a gain of x% and other at a loss of x%.then the seller always incures a loss given:
    {loss%=(comon loss and gain )2}/10.=(x/10)2

    13.if the trader professes to sell his goods at cp but uses false weights,then
    gain=[error/(true value)-(error)*100]%

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