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The profit or gain is equal to the selling price minus cost price. Loss is equal to cost price minus selling price. Calculate the percentage loss on the following items.
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Updated: Nov 6, If you're looking for a compilation of all Quant formulas for CAT along with some quantitative aptitude tricks and shortcuts, then you are in the right place. After sharing the list of Quant formulas for different chapters, I have also shared how to create this CAT formula book and use it. I've divided this CAT formula masterbook into different chapters of Quants so that you can download and use the formulas of the chapters as and when needed:. Averages and Mixtures Formulas. Coordinate Geometry Formulas. Geometry Formulas.
So that you can easily get the logic of question. In every exam you will get at least questions from this topic. Cost Price:- Cost Price is the price at which an article is purchased, abbreviated as C. Selling Price:- Selling Price is the price at which an article is sold, abbreviated as S. A dishonest dealer claims to sell his goods at cost price ,but he uses a weight of lesser weight. When dealer sells goods at loss on cost price but uses less weight. Note :- profit or loss will be decided according to sign.
Today, I am going to discuss a very important topics in quantitative aptitude- Profit And Loss. In this chapter I will discuss an important profit and loss formulas, some important questions and shortcut tricks. Here I am providing a Profit And Loss formulas basic concept, questions and Shortcut Tricks Which will help you scoring good marks in the exam and also save your valuable time. Also read my previous posts on Percentage Part Cost price C. P : The price at which an article is purchased is called its cost price.
Shortcut tricks on profit and loss are one of the most important topics in exams. Competitive exams are all about time. If you know how to manage time then you will surely do great in your exam. Most of us miss this thing. Here in this page we give few examples on profit and loss shortcut tricks Advertisement.
In this section, you will learn some shortcuts which will be much useful to solve problems on profit and loss. Using the shortcuts given in this section, you can solve any word problem on profit and loss easily. Please click here.
Profit and Loss Formulas. Cost Price — It is basically the price at which a commodity or object is bought at. Shopkeeper buying Sugar from Farmer to sell in his grocery store.
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The purpose of this article is very simple: to provide you a list of Profit and Loss Formulas, Shortcuts and Tricks that you can use to solve questions.
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