## Jan 2, 2014

### PROFIT AND LOSS SHORTCUT (2) TO SOLVE APTITUDE PROBLEMS

APTITUDE SHORTCUT ON PROFIT AND LOSS
Written By WWW.GovtJobsPortal.IN

In the series of Maths shortcuts we are discussing right now about Profit and Loss topic. We have already share the first shortcut on Profit and Loss; if you did not read that post then you can CLICK HERE to access that shortcut(1). Now in this article we are going to share the 2nd shortcut trick on Profit and loss. By using these shortcuts you can solve any profit and loss problem within few minutes.

Profit and Loss Shortcut(2): Let's say any 'a' articles are bought for Rs 'b' after that the articles are sold to them to 'c' for Rs 'd'.

So the profit or loss made by the vender is    ((a*b) – (b*c))
=   ------------------- * 100
b * c
Now let’s see some examples related to this Profit and Loss shortcut.

Profit and Loss Example(1): If a person buy 11 mangos for Rs.10 after that he sell only 10 for Rs 11. How much profit or loss did the person make?

Solution:
By using the shortcut (2): Profit or loss made ((11*11) – (10*10))
=   ---------------------------  *100
10*10
= 21% (Profit)

Profit and Loss Example(2): If a man buy 9 oranges for Rs.16 and sell 11 of them for Rs 20. Find profit or loss percent.

Solution:
Profit or loss percent made   ((9*20) – (11*16))
=  --------------------------  *100
11*20
= 25/11 %.

Solve more problems like this from your practice book. In every bank exam or any other Government job exam there will be 3-4 question which comes from Profit and loss. So make this topic strong so that you can solve every problem with ease. For more Govt Jobs Updates continue your visit with us.
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