In calculating profit percent and loss percent we will learn about the basic. Profit and loss formulas for calculating profit% and. Profit, Loss and Discount.
Profit, Loss and Discount shortcut techniques - Lesson 1. If you buy a mobile for Rs 1.
Cost Price. If you sell that to me for Rs 2. I am dumb enough to buy that) then it is called the Selling Price.
Here you made a "PROFIT" or "GAIN" of Rs 1. If i sell the same mobile for Rs. I will make a "LOSS" of Rs. Simply we can say that, if the Selling Price is is more than the Cost Price we can Make Profit. If the Cost Price is more than the Selling Price then we will end up with Loss. Profit = Selling Price (S. P) - Cost Price (C.
P). Percentage of Profit / Loss is calculated on the cost price by the following formula. Profit Percent = (Profit / Cost Price) X 1. Loss = Cost Price (C. P) - Selling Price (S. P). Loss Per Cent = (Loss / Cost Price) X 1. Some Important Points to Remember : Profit Or Loss Per Cent is always calculated on C. P and not in S. POverhead expenses like Packaging, Transportation etc.
- Chapter : Profit, Loss and Discount. Topic : Key Concepts. Question No. : KC 1. Cost price, selling price, profit and loss. Profit and loss percent. View Module.
- Profit Loss and Discount Formulas. Linear Algebra Videos New GRE Percentages Permutations Combinations Probability Profit Loss Discount Progressions USA.
- Quantitative Aptitude: Profit, Loss and Discount. We have arrived in with the formulas for Profit, Loss and Discount. Quantitative Aptitude: Profit.
C. P. and then profit per cent or loss per cent is calculated on this total cost price. When the C. P and the S. P are given for different number of articles, first of all find C.
. Home > Aptitude > Profit and Loss > Important Formulas. Important Formulas; Exercise. General Questions; Data Sufficiency 1; Data Sufficiency 2. Formulas of profit and loss are given below. When the Selling Price (SP) is greater than Cost Price (CP) the man makes a Profit or Gain. Selling Price.
P and S. P of equal number of articles and then only calculate profit per cent or loss per cent. Marked Price and Discount . When we go to a shop, we find price tags attached to the goods.
The original price written on the price tag is called the "Marked Price". Sometimes, a reduction or concession is given on some Goods. We call this reduction as "Discount" . In Business, Discount is to attract the customers. More the sale, More the Profit : ) Discount is given directly in terms of Money or in terms of other attractive articles. Direct discount is given on the labelled price.
Which is much more than the actual cost price the seller has to pay. It is calculated in percentage. Seller gets profit even after giving discount to you.