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History

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Medieval India
Modern India
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Profit and Loss

Profit and Loss: Formulas, Shortcuts and Solved Examples

Profit and loss compares what a seller pays with what the seller gets. This lesson explains…
Two successive discounts of x% and y% are NOT equivalent to a single discount of what naive (incorrect) value?
The formula for cost price, given selling price and gain percent, is which of these?
If an article is sold at a gain of 45%, the selling price is what percentage of the cost price?
If an article is sold at a loss of 20%, the selling price is what percentage of the cost price?
If the selling price is greater than the cost price, the seller is said to have made what?
Gain or loss in a transaction is always calculated as a percentage of what?
A shopkeeper buys an item for Rs. 582, marks it up, and after giving a discount of 8% on the marked price, still makes a gain of 26%. What is the marked price?
A shopkeeper buys an item for Rs. 1082, marks it up, and after giving a discount of 5% on the marked price, still makes a gain of 37%. What is the marked price?
A shopkeeper buys an item for Rs. 1673, marks it up, and after giving a discount of 25% on the marked price, still makes a gain of 34%. What is the marked price?
A shopkeeper buys an item for Rs. 1100, marks it up, and after giving a discount of 25% on the marked price, still makes a gain of 23%. What is the marked price?
A shopkeeper buys an item for Rs. 2208, marks it up, and after giving a discount of 6% on the marked price, still makes a gain of 8%. What is the marked price?
A shopkeeper buys an item for Rs. 2358, marks it up, and after giving a discount of 9% on the marked price, still makes a gain of 9%. What is the marked price?
A shopkeeper buys an item for Rs. 341, marks it up, and after giving a discount of 23% on the marked price, still makes a gain of 20%. What is the marked price?
A shopkeeper buys an item for Rs. 2713, marks it up, and after giving a discount of 12% on the marked price, still makes a gain of 38%. What is the marked price?
A shopkeeper buys an item for Rs. 2259, marks it up, and after giving a discount of 16% on the marked price, still makes a gain of 14%. What is the marked price?
A shopkeeper buys an item for Rs. 660, marks it up, and after giving a discount of 20% on the marked price, still makes a gain of 26%. What is the marked price?
A dealer buys 17 articles for the price of 13 articles, then sells all of them at the usual (marked) price. What is his gain percent?
A dealer buys 15 articles for the price of 8 articles, then sells all of them at the usual (marked) price. What is his gain percent?
A dealer buys 18 articles for the price of 15 articles, then sells all of them at the usual (marked) price. What is his gain percent?
A dealer buys 14 articles for the price of 5 articles, then sells all of them at the usual (marked) price. What is his gain percent?
A dealer buys 11 articles for the price of 8 articles, then sells all of them at the usual (marked) price. What is his gain percent?
A dealer buys 15 articles for the price of 4 articles, then sells all of them at the usual (marked) price. What is his gain percent?
A dealer buys 5 articles for the price of 3 articles, then sells all of them at the usual (marked) price. What is his gain percent?
A dealer buys 9 articles for the price of 8 articles, then sells all of them at the usual (marked) price. What is his gain percent?

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