Aptitude Shortcuts on Profit and Loss

APTITUDE SHORTCUTS ON PROFIT AND LOSS Written By: WWW.MYNOTESWORLD.IN In the frst Module o Aptitude Shortcuts  we discu discussed ssed basic percentage shortcuts which are very important or each student who are preparing or Govt vt jobs or any Bank jobs. To access those Percentage these Go shortcutsCLICK HERE Now we are going to start the Second Module on Maths Shortcuts in which we discussed about Proft and Loss Shortcuts. Approimately two or three bank k exa exam m or in ot Governmen nmentt job e !uesti !ue stion on in ev every ery ban othe herr Gover eam am suc such h as SSC CGL exam surly comes rom this topic o Proft and Loss. So learn shortcut cut tric tricks ks to so maths s prob problem lem in "u these short solv lve e th the e math "ust st e ew w se seco cond nds. s. #ere is the frst one Shortcut or Proft and Loss  Method.  To o fnd out the selling price in any item item in any given SHORTCUT (1): T !uestion we have to use the ollowing shortcut ormula$ Selling Price (sp) = (100 + (gain/loss)) /100 * Cost Price (CP) Now by using the above ormula we can solve any maths problem related related to proft and loss within ew second. %est see some eample related related to this ormula$

Exaple (1)! A person bought a bicycle or &s '(). *or how much should he sell it so as to gain +), proft on itSol"tion! In this problem we have to fnd out the selling price or which the person will get the +), proft. So by using the Maths Shortcut +/ we have$ Selling Price SP/ 0 +)) 1 +)/2+)) 3 '() = #$% So selling price should be this one to gain the +), proft on it/ Exaple (#)! A shop4eeper purchased a 5oo4 or &s (6). *or how much he should sell it so he gets +), loss on it. Sol"tion! Again by using the Maths Shortcut +/. 5ut in this we have to fnd out the selling price so that loss occur so we have to use subtraction as shown below in the solution. Selling Price 0 +)) 7 +)/ 2 +))3 (6) = %0&'

Perent!"e Peren t!"e S#$rt%t (&): I the price o the any product isincrease or ecrease by 8r,9 then there is decrease decrease in the consumption so as not to increase the ependiture$  r/100+ r *100 ( :e add when there is increase and subtract when there is decrease in percentage)'

,o- -e -ill ta.e o"r ierent exaples -it ierent pro2les to a.e tis percentage sortc"t concept clear to 3o"' So ta.e a eep loo. into tis an "nerstan it properl3'

Exaple 1! Suppose i the price o salt alls down by +),. Now how much percent ,/ must increased by the householder so that its consumption remain same as there is no decrease the ependiture. Sol"tion! 5y using percentage shortcut '/$  The increase in consumption0 +)2+));+)3+)) 0++.++, Increase the s salary is less than that o employee A salary 0'(2+))1'(3+)) 0') ,5 salary is '), less than the salary o A/

Exaple 4! Now i the employee A>s salary is ?), less than that o 5 then how much percent is 5>s salary is more than that o employee A. Sol"tion! @mployee 5>s salary is more than that o A0 ?)2+));?)3+)) 0' ,@mployee 5 salary is ', is more than @mployee A/

Exaple &! The price o Biesel is increased by ?),. 5y how much Biesel a car owner must reduce his consumption in order to maintain the same budget. Sol"tion! &eduction in consumption o diesel$ ?)2+))1?)3+)) 0 ?))2+? , &eduction in the consumption/