## Profit and Loss Shortcuts Tricks – Quantitative Aptitude

## Profit and Loss Formula Tricks Infograph

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Profit = SP – CP

Loss = CP – SP

Profit Percentage= (Profit*100)/CP

Loss Percentage= (Loss*100)/CP

SP = {(100+Profit Percentage))/100}*CP

__How to find Profit Percentage / Loss Percentage__

__How to Find Sell Price in case of loss and profit__#### Profit and Loss Shortcuts with Explanation

**Questions with Answers**:

A pair of Books was bought for Rs. 40 at a discount of 20%. What must be the marked price of each of the Books?

Let’s calculate, A pair of books price is 40rs so book price will be 20rs each.

Marked Price = X

so, 80% of X = 20

= X = 20*100/80 = 2000/80 = 25 is right answer.

Believe, if you have enough practice in profit and loss, you don’t need to remember this tricks because its so easy to be calculated.

A Book keeper fixes the marked price of an item 35% above its cost price. The percentage of discount allowed to gain 8% is?

Let’s assume cost price = 100rs

Marked Price is = 135rs

Selling price is = 108rs

Discount = 135-108 = 27rs

so we have to find discount in percentage lets apply math rule here. if 27 is for 100 then what is for 135?

27/135*100= 20%

Sunil purchases two books at Rs.300 each. He sold one book 10% gain and other at 10% loss. What is the total loss or gain in percentage?

Ans : no profit no loss

Thanks for reading next part of **Profit and Loss in Aptitude Series – 2** will be uploaded soon.