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Mar 30, 2020

Maths Profit and Loss Tricks Lecture-1 : Profit Loss Formula along with Questions and Answers (Daily Maths Class at 1 PM)

Profit and Loss Questions for Competitive Exam
Profit and Loss Tricks

Hello Students, We are going to start Maths video classes for you related to competitive exams. This is the First Maths tricks video tutorial based on Profit and Loss Topic.

Along with the Profit and Loss tricks video tutorial, we are going to share 10 questions related to this P&I video tutorial which is very helpful to all applicants who are preparing for competitive exams. Solve these Profit and Loss questions and Share your Answers in the Comment section below.

WATCH VIDEO LECTURE BEFORE SOLVING THE PROFIT AND LOSS TEST

In this article, all the practice questions related to the Profit and loss of 1st video are given. The Tutor has covered three types related to the Profit and loss topic in the video. You have to practice by pen and paper to understand the concept in a better way and in the last means in exams you have to solve, so only watching videos will not solve the purpose. PRACTICE as much as you can and when there is no way to go out in such a critical situation so why not stay at home and stay safe and practice at home.


PRACTICE QUESTIONS OF PROFIT AND LOSS BASED ON LECTURE-1
1.) Find the cost price of the article which is sold at Rs 1190 at a loss of 15 %?
(Ans 1400)

2.) On selling an article for Rs 900 trader losses 10%. To gain 20 % he should sell the article at?
(Ans 1200)

3.) On selling an article for Rs 600 a person losses16.66% of its selling price. At what price should he sell to gain 30% on its cost price?
(Ans 910).

4.) A man sells two articles for Rs 4940 each. He sells the first article at 20% profit. At what loss % he should have sold the second article if there is neither profit nor loss in the whole transaction.
(Ans 14.28%)

5.) A man sells two articles for Rs 5780 each. He sells the first article at 10% profit. At what loss % he should have sold the second article if there is neither profit nor loss in the whole transaction. 
(Ans 8.33%)

6.) The man sells two articles for Rs 15300 each. On the first article, he gets 6.25% profit but he sold the second article in such a way that overall there is neither profit nor loss in the whole transaction. Find the difference between the cost price of the article.
(Ans 1800)

7.) A man sells two articles for Rs 51200 each. On the first article, he gets 14.28% profit but he sold the second article in such a way that overall there is neither profit nor loss in the whole transaction. Find the difference between the cost price of the article.
(Ans 12800)

8.) If an article is sold at 5% gain instead of 5% loss the seller gets Rs 6.72 more. Find the cost price of the article.
(Ans 67.2)

9.) If an article is sold at 12.5% gain instead of 17.5% loss the seller gets Rs 600 more. Find the cost price of the article.
(Ans 2000)

10.) If an article is sold at 16.66% gain instead of 18.75% loss the seller gets Rs 1020 more. At what price should the article be sold to make 15% profit.
(Ans 3312)

The Next Lecture related to the Profit and Loss topic will be shared tomorrow(31st March 2020) along with the Practice Test. We have shared the correct answers related to each question. Solve the Profit and Loss questions by using paper and pen if you have any doubt please comment below under the comment section.


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