Profit and loss short tricks | How to solve profit and loss questions | Profit and loss #1
SSC GD 2021
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In this video ankit sir discuss profit and loss topic of arithmetic which is most useful for any Competitive exams. this class contained concepts and questions which is basic to advance level.
so, Dear learners you should watch this video to do strong your profit and loss topic. This video is specially dedicated for SSC GD 2021.
Profit and Loss formula is used in mathematics to determine the price of a commodity in the market and understand how profitable a business is. Every product has a cost price and selling price. Based on the values of these prices, we can calculate the profit gained or the loss incurred for a particular product. The important terms covered here are cost price, fixed, variable and semi-variable cost, selling price, marked price, list price, margin, etc. Also, we will learn the profit and loss percentage formula here.
Discount = Marked Price – Selling Price
And Discount Percentage = (Discount/Marked price) x 100
Profit or Gain = Selling price – Cost Price
Loss = Cost Price – Selling Price
Profit percentage = (Profit /Cost Price) x 100
Loss percentage = (Loss / Cost price) x 100
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00:00 Intro
2:45 Basic of profit & loss
11:19 If a shopkeeper bought an article for Rs 750 and sold it for Rs 500, then what is the profit / loss %?
16:08 If there is a profit of Rs 50 on selling an article for Rs 500, then find the profit %?
22:39 If there is a loss of Rs 500 on selling an article for Rs 5500, then what is the loss %?
27:44 If there is a profit of Rs 400 by selling an article for Rs 1200 then find the profit%?
31:20 The profit made by a shopkeeper by selling it for Rs. 1500 will be equal to the loss incurred by selling it for Rs. 900. Find the cost price of the article?
37:24 If the loss on selling the article for Rs 750 is equal to the profit made by selling the article for Rs 1350, then find the CP?
41:39 The profit made by selling the article for Rs 500 is Rs 20 more than the loss incurred by selling the article for Rs 300 then find the CP?
53:42 The loss incurred by selling the article for Rs.400 is Rs.50 more than the profit made by selling that article for Rs.700 then find the cost price of the article?
57:00 If the loss on selling it for Rs.820 is Rs.30 less than the profit made by selling it for Rs.1180, then find the CP of the article?

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