1 / 3

Tips on cracking Aptitude Questions on Profit and Loss

Tips on cracking Aptitude Questions on Profit and Loss [ https://learningpundits.com/module-view/44-profit-and-loss/2-self-assessment-quiz-on-profit-and-loss/ ].<br><br> LearningPundits helps Job Seekers make great CVs [ https://learningpundits.com/module-view/1-cv-preparation-for-freshers/1-cv-writing-tips-for-freshers/ ] , master English Grammar and Vocabulary [ https://learningpundits.com/course/4-english-grammar/ ] , ace Aptitude Tests [ https://learningpundits.com/course/11-mathematical-aptitude/ ], speak fluently in a Group Discussion [ https://learningpundits.com/module-view/6-group-discussion-questions/1-tips-for-speaking-in-a-group-discussion/ ] and perform well in Interviews [ https://learningpundits.com/course/2-personal-interview/ ] We also conduct weekly online contests on Aptitude and English [ https://learningpundits.com/contest ]. We also allow Job Seekers to apply for Jobs [ https://learningpundits.com/applyForJobs ]

Download Presentation

Tips on cracking Aptitude Questions on Profit and Loss

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. Formula for Cracking Aptitude Questions on Profit and Loss

  2. Formula #1: Reduce the problem to one equation and use the formula: Selling Price =Cost Price (1 + 0.01 x profit_percentage) • Question: Alfred buys an old scooter for Rs. 4700 and spends Rs. 800 on its repairs. If he sells the scooter for Rs. 5800, what is his gain percent? • Solution: • Net C.P.= Cost + Repairs= Rs. 4700 + 800= Rs. 5500 • S.P. = Rs. 5800 • Now, 5800= 5500(1+0.01p) • p = 300/(550x0.01)= 5.45 % Question: By selling a Jeans for $ 432, John loses 4%. For how much should John sell it to gain 6%? Solution: For the first transaction, we have: 432 = C.P. (1-0.04) = C.P. * 0.96 => C.P. = 432/0.96 For the second transaction, we have: S.P. = C.P. (1+0.06) = (432/0.96) * 1.06 S.P.= $477

  3. About Us LearningPundits helps Job Seekers make great CVs, master English Grammar and Vocabulary , ace Aptitude Tests , speak fluently in a Group Discussion and perform well in Interviews. We also conduct weekly online contests on Aptitude and English. Job Seekers can also apply for jobs on LearningPundits. You can read more about Tips on cracking Aptitude Questions on Profit & Loss.

More Related