Proft and Loss (concept and Tricks) for All exam (SSC, IBPS, State Bank, CGL, MTS, NTA NET, etc.

PROFIT AND LOSS

Cost Price (CP):The price paid to buy a particular product is called its cost price. Some overhead expenses such as transportation, taxes etc. are also included in the cost price.

Selling Price (SP):The amount of money received for the product when it is sold.

Marked Price (MP):The price that is listed or marked on the product. This is also known as printed price/quotation price/invoice price/catalogue price.

Profit/ Gain: There is a gain/profit in a transaction if the selling price is more than the cost price. The excess of the selling price to the cost price is called profit/gain.

Profit = Selling Price - Cost Price

Loss: When the selling price is less than the cost price there is loss in the transaction. The excess of cost price over the selling price is called loss.

Loss = Cost Price - Selling Price

Profit% = 100 * Profit/Cost Price

Loss% = 100 * Loss/Cost price

Practice Questions

Q- A person purchased an article for ‎₹ 150. If he sells it at a 20% profit then find his selling price.

Q- एक व्यक्ति ने ₹ 150 के लिए एक लेख खरीदा। यदि वह इसे 20% लाभ पर बेचता है, तो उसका विक्रय मूल्य ज्ञात करें।

A.200

B.180

C.160

D.140

Q- A person purchased an article for ‎₹ 150. If he sells it at a 20% profit then find his selling price.

A.200

B.180 Cost Price = 150

C.160 Profit = 20% - 1/5

D.140 Profit = 150 x 1/5 = 30 Rs

Selling Price = 150+30 = 180 Rs.

Q- By selling a watch for ₹ 990, a shopkeeper incurs a loss of 10%. Find the cost of the watch for shopkeeper?

Q-, 990 की घड़ी बेचकर एक दुकानदार को 10% का नुकसान होता है। दुकानदार के लिए घड़ी की लागत ज्ञात कीजिये?

A.1000

B.1050

C.1100

D.1150

Q- By selling a watch for ₹ 990, a shopkeeper incurs a loss of 10%. Find the cost of the watch for shopkeeper?

A.1000 10 % = 1/10

B.1050

C.1100 10 9

D.1150

1 - 110

10 – 1100 Rs.

Q- By selling a product for ‎₹ 720, a loss of 10% is obtained. At what price the product must be sold to get 20% gain?

Q--720 के लिए एक उत्पाद बेचकर 10% की हानि प्राप्त की जाती है। 20% लाभ प्राप्त करने के लिए उत्पाद को किस मूल्य पर बेचा जाना चाहिए?

A.900

B.940

C.960

D.1000

Q- By selling a product for ‎₹ 720, a loss of 10% is obtained. At what price the product must be sold to get 20% gain? 10% = 1/10 20%= 1/5

A.900 Let Cost Price = 100 %

B.940 Loss = 10%

C.960 So, Selling Price = 90 % ----- 720

D.1000 1% ------ 8

Want to sell (Cost Price + Profit)

100% + 20%

120 % ----------- 960 Rs.

Q- If the cost price of 15 tables be equal to the selling price of 20 tables, the loss % is ?

Q- यदि 15 टेबलों की बिक्री मूल्य 20 टेबलों के विक्रय मूल्य के बराबर हो, तो हानि% है?

A.20%

B.30%

C.25%

D.37.5%

Q- If the cost price of 15 tables be equal to the selling price of 20 tables, the loss % is ?

A.20%

B.30% 15 CP = 20 SP

C.25% 3 CP = 4 SP

D.37.5% CP : SP = 4 : 3

¼ x 100 = 25%

Q- A man sold two article at 375 Rs. Each. One he gain 25% and on the other, he loses 25%. The gain or loss % on the whole transaction is ?

Q- एक आदमी ने 375 रुपये में दो आर्टिकल बेचे। से प्रत्येक। एक वह 25% हासिल करता है और दूसरे पर, वह 25% खो देता है। पूरे लेनदेन पर लाभ या हानि% है?

A.6%

B.4 1/6 %

C.5%

D.6 ¼ %

Q- A man sold two article at 375 Rs. Each. One he gain 25% and on the other, he loses 25%. The gain or loss % on the whole transaction is ?

A.6% 25 % = ¼

B.4 1/6 % 4 5

C.5% 4 3

D.6 ¼ % 16 15

1/16 x 100 = 6 ¼ %

Q- By selling an article for 979 Rs., shopkeeper bears a loss of 11%. If shopkeeper sells that article for Rs. 1232, then the profit % is ?

Q- 979 रुपये में आर्टिकल बेचकर दुकानदार को 11% का नुकसान होता है। यदि दुकानदार उस लेख को रु। में बेचता है। 1232, तो लाभ% है?

A.12%

B.13%

C.11%

D.14%

Q- By selling an article for 979 Rs., shopkeeper bears a loss of 11%. If shopkeeper sells that article for Rs. 1232, then the profit % is ?

A.12% Let Cost Price = 100%

B.13% Loss = 11%

C.11% Selling Price = 89% -------- 979

D.14% 1% -------- 11

(Cost Price) 100% -------- 1100 Rs.

1100 1232

132/1100 x 100 = 12 %

Q- A car worth 1,50,000 Rs. Was sold by X to Y at 5% profit. Y sold the car back to X at 2% loss. In the entire transaction ?

Q- 1,50,000 रुपये की कार। 5% लाभ पर X से Y द्वारा बेचा गया था। Y ने कार को 2% हानि पर X को वापस बेच दिया। पूरे लेन-देन में?

A.X gained 4350 Rs.

B.Y lost 4350 Rs.

C.X gained 3150 Rs.

D.Y lost 3150 Rs.

Q- A car worth 1,50,000 Rs. Was sold by X to Y at 5% profit. Y sold the car back to X at 2% loss. In the entire transaction ?

A.X gained 4350 Rs. Cost Price = 150000 Rs.

B.Y lost 4350 Rs. 20 21

C.X gained 3150 Rs. 50 49

D.Y lost 3150 Rs. 1000 1029

150000 ←← 29

1 – 150

29 – 4350

Q- By selling a table for Rs.2700 a man gets 10% loss, and than at what price (in Rs) should he sell to gain 33 1/3 % ?

Q- Rs.2700 के लिए एक टेबल बेचने से एक आदमी को 10% नुकसान होता है, और किस कीमत पर (रु में) उसे 33 1/3% हासिल करने के लिए बेचना चाहिए?

A.3000

B.3300

C.3600

D.4000

Q- By selling a table for Rs.2700 a man gets 10% loss, and than at what price (in Rs) should he sell to gain 33 1/3 % ?

A.3000

B.3300

C.3600

D.4000

Q- The marked price of an article is 60% more than its cost price. What maximum discount percentage can be offered by the shopkeeper to sell his article at no profit or no loss?

Q- किसी लेख की चिह्नित कीमत उसकी लागत मूल्य से 60% अधिक है। दुकानदार द्वारा अपने लेख को बिना किसी लाभ या हानि के बेचने के लिए अधिकतम कितनी प्रतिशत की छूट दी जा सकती है?

a) 37.5%

b) 62.5%

c) 50%

d) 25%

Q- The marked price of an article is 60% more than its cost price. What maximum discount percentage can be offered by the shopkeeper to sell his article at no profit or no loss?

a) 37.5% 60% ---- 3/5

b) 62.5% CP MP

c) 50% 5 8

d) 25%

3/8 X 100 = 37.5%

Q- A merchant marks the price of his articles 20% above the cost price. If he allows 20% discount, then what is the profit or loss percentage?

Q- एक व्यापारी अपने लेखों की कीमत लागत मूल्य से 20% अधिक रखता है। यदि वह 20% छूट की अनुमति देता है, तो लाभ या हानि प्रतिशत क्या है?

a) 2% loss

b) 4% profit

c) 4% loss

d) No profit/loss

Q- A merchant marks the price of his articles 20% above the cost price. If he allows 20% discount, then what is the profit or loss percentage?