Simple math tricks formula8/10/2023 Q) A man bought some toys at the rate of 10 for Rs. Q) If a pen costs Rs.50 after a 10% discount, what is the pen's actual price or marked price? Q) A shopkeeper has bought 1 kg of apples for 100 rs. Read More: Short Tricks to attempt Multiplication & Division Questions in IPMAT Therefore, he marked his goods 30% above the cost price Find at what percent above the cost price did he mark his goods. Q) A shopkeeper allows a discount of 10% on the marked price and still gains 17% on the whole. Its actual weight is 85% of 1000 gm = 850 gm Q) A dishonest merchant sells his grocery using weights 15% less than the true weights and makes a profit of 20%. Solving Previous years' papers Question Papers for IPMAT will help you know the difficulty level and the type of questions asked in the exam. Profit and loss formula and tricks will be easier for you to make a note of or get back to the site and revise them as well. When there are two successful profits say x% and y%, then the net percentage profit equals (x+y+xy)/100.For false weight, profit percentage will be P% = (True weight – false weight/ false weight) x 100.If a product is sold at x% profit and then again sold at y% profit then the actual cost price of the product will be: CP =.When the profit is x% and loss is y%, then the net % profit or loss will be: (x-y-xy)/100. ![]() If P% and L% are equal then, %loss = P 2/100.Go through the Important Maths Formulas given below to solve problems based on profit & loss within 10-15 seconds. Profit and loss aptitude tricks that you are here for. Now that you have the basic knowledge of profit and loss, we can move on towards the Marked Price (MP): The price also known as the listed price is labelled by shopkeepers to offer a discount to the customersĭiscount: This is the reduction in price offered on the marked price Short Tricks to Solve Profit Loss Questions in Aptitude Exams Loss (L): If the selling price is less than the cost price, the difference between them is the loss incurred Read More: Short Tricks to Prepare for Maths in IPMAT Rohtak Profit or Gain (P): If the selling price is more than the cost price, the difference between them is called profit ![]() Selling Price (SP): Price at which an item is sold
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