### Important Formulas - Profit and Loss

Comments(54)

Sid Roy
09 Oct 2014 10:45 PM

What are the different formulas of compound interest and simple interest? Can anybody tell me please.

Raj
15 Oct 2014 3:03 AM

http://www.careerbless.com/aptitude/qa/simpleinterest_imp.php

http://www.careerbless.com/aptitude/qa/compoundinterest1_imp.php

DEEPA
22 Sep 2014 1:53 PM

IT HAD HELPED ME IN THE RIGHT TIME. THANK YOU........

Jyoti bisht
17 Sep 2014 3:42 PM

A shopkeeper buy rice for rs.1600.he had to sell one - fourth at a loss of 20%.at what percent gain he should sell the remaining stock so ad to make an overall profit of 10% on the total transaction?

Dev
30 Sep 2014 10:59 PM

Total Cost Price = Rs.1600

Cost Price for 1/4 of the items = 1600/4 = Rs.400

Cost Price for the remaining items = 1600-400=Rs.1200

Items worth of Rs.400 is sold at a loss of 20%

Total selling price of the above = 400 * 80/100 = Rs.320

He makes an overall gain of 10%

So his total selling price = 1600 * 110/100 = Rs.1760

Hence, he needs to sell the remaining 3/4 of the items at a cost of Rs.1760 - 320 = 1440

His gain = 1440 - 1200 = 240

Gain Percentage = 240*100/1200 = 20%

Cost Price for 1/4 of the items = 1600/4 = Rs.400

Cost Price for the remaining items = 1600-400=Rs.1200

Items worth of Rs.400 is sold at a loss of 20%

Total selling price of the above = 400 * 80/100 = Rs.320

He makes an overall gain of 10%

So his total selling price = 1600 * 110/100 = Rs.1760

Hence, he needs to sell the remaining 3/4 of the items at a cost of Rs.1760 - 320 = 1440

His gain = 1440 - 1200 = 240

Gain Percentage = 240*100/1200 = 20%

Siva
05 Jul 2014 9:55 PM

If a person sells 1000kg sugar at 8% and 18% profits in two parts and his net profit is 14%, what amount of 1000 kg he sold for 8%profit please tell the answer

Sunil Yadav
16 Sep 2014 12:44 PM

Solving it By rules of Alligation makes i simple and short:

8% 18%

8% 18%

14%

4% 6%

Therefore,

Q of 8% : Q of 18% = 4/6 =2/3

Q of 8% : Q of 18% = 4/6 =2/3

Hence,

Q of 8% sugar sold is = 2/5 (1000) = 400

Ajay
06 Jul 2014 8:31 PM

Assume cost price of 1Kg sugar is Rs.1

Then total cost price of 1000 Kg sugar = Rs.1000

Net profit is 14% . So his total selling price = 1000 * 114/100 = Rs.1140

Let x kg he sells at 8% profit and (1000-x) at 18% profit.

his total selling price = x * 108/100 + (1000-x)*118/100

x * 108/100 + (1000-x)*118/100 = 1140

108x + 118000 - 118x = 114000

4000 = 10x

x = 400

So he sells 400 kg for 8% profit.

Then total cost price of 1000 Kg sugar = Rs.1000

Net profit is 14% . So his total selling price = 1000 * 114/100 = Rs.1140

Let x kg he sells at 8% profit and (1000-x) at 18% profit.

his total selling price = x * 108/100 + (1000-x)*118/100

x * 108/100 + (1000-x)*118/100 = 1140

108x + 118000 - 118x = 114000

4000 = 10x

x = 400

So he sells 400 kg for 8% profit.

Ranga
03 Jul 2014 5:39 PM

I would like to understand more about the same.

which is the best way to learn faster.

Add a new comment ... Name Email Please answer the simple math question given below 8 + 2 = |

Sign in