### Important Formulas - Profit and Loss

Comments(36)

nabarun
20 Apr 2014 8:14 PM

if any thing sold at a loss of 40%. but using false weight 900 gm at place of 1kg.

reshma m
19 Mar 2014 5:13 AM

please help in this question,

A man soldtwo goats at 900Rs each.There was 10%profit first and10%loss on the second sale.Was there a profit or a loss on the whole transaction?What percent?

Jay
20 Mar 2014 1:54 PM

use formula 15,

overall loss % = (10/10)

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if you want to know the full logic, here it is

Total Cost Price = 900*100/110 + 900*100/90 = 9000/11 + 1000 = 20000/11

Total Selling Price = 900+900 = 1800

Loss = 20000/11 - 1800 = 200/11

Percentage loss = (200/11)*100/ ( 20000/11) = 1%

overall loss % = (10/10)

^{2}= 1%----------------------------------------

if you want to know the full logic, here it is

Total Cost Price = 900*100/110 + 900*100/90 = 9000/11 + 1000 = 20000/11

Total Selling Price = 900+900 = 1800

Loss = 20000/11 - 1800 = 200/11

Percentage loss = (200/11)*100/ ( 20000/11) = 1%

Prabhjeet
10 Feb 2014 2:18 AM

Hi Need help on one Question

if a person from Mumbai goes to nasik to buy an article which is 15% less than in Mumbai. He spend Rs. 150 on travel and make a profit of Rs 150. What will be the profit % ....

Rana
11 Feb 2014 1:03 PM

Let the price in Mumbai be x

15x/100 - 150 = 150

=> 15x/100 = 300

=> x = 2000

Profit percentage = 150*100/2000 = 7.5%

15x/100 - 150 = 150

=> 15x/100 = 300

=> x = 2000

Profit percentage = 150*100/2000 = 7.5%

Prabhjeet SIngh
12 Feb 2014 6:54 AM

I want to understand the equation you created

15x/100-150=150.

As the Ans is 8 %

Rana
12 Feb 2014 11:10 AM

Well, my reasoning is given below

Difference in price = 15x/100 which should have been the profit.

But additional expense of Rs.150 (travel expense) needs to be reduced from this to get the actual profit

i.e., 15x/100 - 150 = profit, which is given as Rs.150

Can you explain how the answer is 8% then?

Difference in price = 15x/100 which should have been the profit.

But additional expense of Rs.150 (travel expense) needs to be reduced from this to get the actual profit

i.e., 15x/100 - 150 = profit, which is given as Rs.150

Can you explain how the answer is 8% then?

Prabhjeet
13 Feb 2014 5:55 AM

I like your explanation

but The ans can be right or wrong in the bright publication book which is 8%.

Thanks.

If I have any further questions I will post it.

prabhu
07 Feb 2014 9:17 AM

THE GENERAL FORMULA IS

The Overall Summary of all these formulae in which we can calculate the gain, loss, S.P & C.P directly by using the below formula..... S.P= ((100 +- g/l)*C.P)/100 if we use gain then we use + sign and if we use loss then we use - sign

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