# Profit and Loss Formulas Aptitude Problems Tricks Questions Shortcuts pdf

# Profit and loss formulas, questions with answers shortcuts tricks pdf

Profit and loss are the general topic which we have learnt so far from our childhood days. It can be solved by using the basic formulas. Quantitative aptitude problems based on this topic is also asked in interviews and GRE, CAT (competitive exams) and bank examinations namely IBPS, SBI PO etc.

The purpose of Profit and Loss is to know about the company revenues and expenses over a period of time or a year. Managing the time is one of the important thing in solving the aptitude questions. Candidates should read the question at least once or twice. In this post we have shown the solved questions & answers, video tutorial etc. Other than that, you can also see tricks and shortcuts.

## Profit and Loss Formulas

Basic formulas for profit and Loss is given below.

S.P- Selling Price;C.P-Cost Price

Profit =S.P – C.P ; Loss= C.P – S.P.

Gain%= (Gain *100 / C.P); Loss%=(Loss*100 / S.P)

S.P= (100 + Gain%) / 100 * (C.P); S.P=(100 – Loss%) / 100 * (C.P)

C.P=(100/(100 + gain%)* (S.P)); C.P=(100/(100 – Loss%) * (S.P))

### How to solve Profit and Loss problems

**Example: If the price of the 12 tables is equal to the selling price of 16 tables , then the percent of loss is?**

The Cost price of 1 table is Rs. 1

The same for 16 tables = 16

Selling price of 16 table = 12; Loss = C.P – S.P

Loss = 16 – 12 =4

Loss%=(Loss*100 / S.P); Loss% = (4 / 16 ) * 100 = 25%

## Download solved profit and loss problems with important notes

#### Profit and Loss problems with solutions

Here you find the most expected quantitative aptitude problems with solution is given below,

**Video lecture on profit and loss**

For further more aptitude questions, please log on to www.careerarm.com.

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## 8 Comments

Useful tricks.. Tq.

well explained….easily understood..thank you

thanq sir well explained

Thank u Sir now I well understood the concept in profit n loss .

thank you.. it’s now easy to understand

learnt the basics of profit and loss thank you sir

thanku you sir i know the basic formula of profit &loss but i want more example problems in p&l

thanku sir