Profit and Loss - Shortcuts & Tricks for Placement Tests, Job Interviews & Exams
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- Опубликовано: 10 июл 2024
- Crack the quantitative aptitude section of Placement Test or Job Interview at any company with shortcuts & tricks on Profit and Loss. Extremely helpful to crack entrance exams like MBA, Banking - IBPS, SBI, UPSC, SSC, Railways etc.
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#ProfitAndLoss #QuantitativeAptitude #PlacementTest
0:00 Quantitative Aptitude
0:44 Formula
8:00 Ajay incurred loss of 20% by selling a vase for Rs. 2880. To get a profit of 20% at what price should he sell the vase?
11:23 Rambabu sells paper planes at the rate of 20 planes for Re. 1. If he gets profit of 20%, how many planes did he buy in 1 rupee?
14:13 Uma wants to gain 15% profit on her sale of sugar. She buys 120 kg of sugar at Rs. 24 per kg to mix with 180 kg of sugar bought at Rs. 28 per kg. She sells the sugar mix at.....
17:35 Guddi buys some oranges in a shop at 4 per rupee. She goes to other shop and buys same number of oranges at 5 per rupee. She then combines them in a basket and sells them at 4 per rupee. Will she get a profit or loss? And how much? EASY
22:53 Ramesh gets a profit of 20% in one trade and suffers a loss of 20% in the second when he sells 2 cycles for Rs. 4000 each. What
26:46 Simran bought pet food worth Rs. 56000. She then sold 1/3rd of it incurring a loss of 40%. What profit she must earn on rest of
30:57 A sold a car to B at a profit of 25%. Bincurred loss of 15% while selling the same car to C. A spent Rs. 50000 for this car. At what price did C buy it?
33:40 A cheater manipulated his weighing machine so that it shows 1 kg for 970 grams. How much profit does he get?
35:08 Rohit got profit of 11% % by selling his old car. However he realized that had he sold it for Rs. 8100 more, his profit would be 38.5%. At what price did he buy the car?
36:57 Chaman sells 40 fans at 10% profit. He wants a total of 20% profit on the entire sale. Since he got 160 fans at rate of Rs. 100 each, at what profit must he sell the remaining fans?
40:42 Suman buys 160 chocolates for Rs. 480. She wanted to earn 30% profit by selling them. But Rakesh visited her and she gave him 25% of those chocolates at the cost price itself. But even after doing this, she earned a profit of 30% as decided. For how much
44:07 Ramesh sold a statue for a price 25% higher than the original price of the statue. He had however bought the statue at 20% discount on the original price. With the profit of Rs. 2025, find the original price of the statue.
46:42 A shopkeeper earns a profit of 15% after selling a book at 20% discount on the printed price. The ratio of the cost price and printed price of the book is
48:39 The ratio of cost price and selling price is 4:5. The profit
49:27 If selling price of 40 articles is equal to cost price of 50 articles, the loss or gain percent is?
51:19 A fruit seller buys lemons at 2 for a rupee and sells then at 5 for three rupees. His gain percent is? EASY
Practice Questions on "Profit and Loss" available at: www.careerride.com/mcq/profit-and-loss-quantitative-aptitude-mcq-questions-30.aspx
Tq so much sir
sir pls suggest me BNP Paribas company is visiting our campus ,so what is exam pattern for BNP Paribas means which type of section are there in exam ??
BNP Paribas is coming for internship so pls tell me aptitude exam pattern. As well as is there any negative marking or not ??
Sir I am not satisfied by the answer of 11th question
Hello sir u mentioned in the question that some oranges are brought at 4per rupee and same number of oranges are brought at 5 per rupee can u put a comment whether it is 4rs per orange and 5rs per orange or 4oranges for 1rupee and 5oranges for 1rupee cause it is mentioned that he brought same number of oranges from both the shops
Hope u will find my comment and solve this miscommunication problem 🙂🙂
@@pavangopal8441 yes sir.
4th question. Please check it once. Same number of oranges were bought at both the shops.
After reading the question along with him
Me : ohh its so tough + feeling panic
He : again so so easy question
Me : depressed + feeling dumb
😂😂😂
It's easy bro.
For 17:45
Let the number of oranges purchased be 40 (divisible by both 4 and 5), so:
Oranges Rate Amount
40 1/4 10
40 1/5 8
__________________________
No. = 80 CP= 18
She sold 80 oranges @ 1/4 so Amount received = 20
Profit = 20-18=2
Profit % = 2/18 x 100 = 1/9 x 100 = 100/9 %
This is a better way thank u🙌
Thank you for the easiest way 🙏
Number of oranges 🟠 can be 20 as 20 is divisible by both 4 and5
@@aman7425 yes, you will get same answer with that too..
Bro can you help me with aptitude questions , i can pay you
The last question answer can be done in 3 step..
CP of 1 lemon= 1/2=0.5
SP of 1 lemon= 3/5=0.6
%Profit = {P/CP} x100 = =(0.1/0.5)x 100 = 20%
27:40 *Whenever he says its common-sense , I feel like an idiot*
Exactlyy! 🤣🙂🙂
Crct 😂
😂😂
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😂😂
The only teacher on youtube makes me feel like arthmetic is easy his concepts are very clear and so easy ❤️❤️❤️
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Q15. 40 SP = 50 CP
SP/CP = 50/40 => 5/4
Assume SP = 5, CP = 4
then Profit = 5 - 4 = 1
Finally, Profit % = (1/4) * 100 => 25%
good explanation :)
not accurate
Ur way of teaching is as amazing as this concept 😌...after the question when u say-this ones very easy!! This brings confidence in us😂😌
Thank you for going into details ,Sir. I don't have a strong maths foundation even if I know the basics ,so thank you so much for explaining in details on where to add and why to add. Because sometimes it's difficult to understand why it has been added or how the 100 came into existence.
16th question can be solved without any assumptions. The given question tells us that the lemon seller bought two lemons for one rupee, so the cost price of one lemon is 1/2 rupee. After that, he sells 5 lemons for 3 rupees, so the selling price would be 3/5 rupees for one lemon. From the basic formula he taught [ S.P = (100+pr%) * C.P ] , we can get the answer, which is 20%.😎 Fantastic lecture sir, thanks.
Poda avudane
Can you help me with aptitude questions tommorow i can pay you as well
Can you explain the Q5, without shortcut and using actual formulas?
There is a big difference between "it's not difficult" and "it's very easy", "it's very easy" creates a very positive and doable attitude in the student's mind and declines the possibility to quit or change mind, thank you so much for these amazing videos...
He is such a great person.
He is still replying to comments even after 5 years.
last 🍋question
for 1rs --> 2 🍋(so for 1🍋=0.5rs) which is CP
for 3rs --> 5🍋 (so for 1 🍋= 0.6rs) which is SP
SP-CP=profit----->0.6-0.5=0.1
profit percentage= (0.1/0.5)*100 = 20%
Thankyou Sir!!!!!!! Its only because of you I was able to crack company aptitude rounds.....
I can bet you guys..this is the only channel that will help you for any exams ... thankyou so much sir 💓
Any exam? Okay then you lost the bet this didnt help me in my 6th sem exam. Give me money
@@_sayandas😂
sir,its very helpful .thank you
It is helpfull thank you sir you touched almost all important questions of the topic
Q 10) divide fans in 4 parts, each with 40 fans.
One part profit is 10% , other three have same profit and total is 20%
Let a be the profit %
10/4 +3a/4 =20%
Solve for a = 70/3 =23.333%
10/4 +3a/4 has been done logically or with any particular equation??
They are asking at percentage remaining fans need to be sold and total profit should be 20%.
Q12. I thought 50% of P(original price) = 2025 , because when he gets discount of 20% percent, this 20% discount will become 25% of profit while selling. and additional 25% of profit so in total Profit Percentage=50%.
According to the calculation on same formula:
2025=(50/100)*P
P=4050
My original price was Rs.4050
50% of 4050 is 2025 as per the question.
45% of 4500 is also Rs.2025.
Now the question is which original price is correct?
Which method is correct?
Kindly clarify this.
All vedios from this series are good.. thanks sir..
best explanation where he made our aptitude easy
Amazing video sir but just that the last question can be solved with bit more optimised solution as the cost for one lemon can be calculated as 1/2 rupees and the selling price for one lemon can be calculated as 3/5 rupees. By that, we can calculate the profit by SP - CP = 1/10. Then we can calculate the profit percentage easily as 20%.
Yes bro i use the same method and got the correct answer !!
Can you explain the Q5, without shortcut and using actual formulas?
Aap jo bolrhe ho woh mujhe sikhna hai mujhe batav kaha se sikhu yt link
my problem is at the 10th question..... if chaman sells remaining fans at profit of 23.33% then it would exceed the condition as we want only 20% PROFIT on entire sale
Cs
Thank you so much for making my concepts crystal clear ❤️. I used to fear alot earlier by just looking at the aptitude questions, now I feel confident to solve them and it is just because of this channel 🙏
very very helpful really ..trust me content covers all the possible questions..
thankyou!
😃😃😃😃😃💚
Going through your videos enables to solve most of the questions. Thanxx allot sir. God bless you
You're welcome, Megha. Glad that you found the videos useful. Stay connected :)
I guess 4th question is wrong one
@@sddhnntwghmre9351 haa i think its loss of 100/9 right
Jhuti
Nice way of teaching sir thank you to make aptitude easy and clear all the concept
Thank you sir for clearing my concept on profit and loss.
Best questions on quantitative aptitude for campus interview
Did it really help u.. i mean i find it too easy... isn't it below level
I want data interpretation of piecharts , graphs ,linegraphs
Building my arithmetic/ quantitative aptitude foundation from CareerRide, Thank you Sir !🏃🏃🏃
In 11th 120 chocolates profit should be ₹108 not ₹144
how
This 144 profit he gets from 160 (rs 480) chocolate not from 120 chocolates
Sir..this vry help full..
Tq sooo much sir it's very useful...🔥🔥.keep growing...❤️❤️
I have got a question related to the same topic ie, profit and loss:
If the selling price is doubled,the profit is 320% of the cost. If the increases by 25% but the selling price remains constant, approximately what % of the selling price is the profit?
But i don't know how to solve such problems.....
thankyou so much seriously your channel will gona help me alot in my placement drive i can surely say this ....thanks alot
Thank you sir, Can u take the class for mensuration
Great teacher with all english as it is...🤗
And I can't speak hindi...
Thank you sir
49:26 Q15. We can also use the invert rule and find out that SP:CP = 5:4, then continue as in the previous question.
Can you help me with aptitude questions , i can pay you
@@AbhishekJaiswal24 buddy. Instead, buy some aptitude books and practice on a regular basis.
@@AbhishekJaiswal24 u need help?
10th sum
He wants 20% profit and sells 40 fans @10% profit. Fan cp = 100 each
Required sp = 160x100x1.2 = 19200
1st batch 40 x 100x1.1 = 4400
19200 - 4400 = 14800 (Required amount to make from remaining 120 fans)
14800/120 = 123.33 which is 23.33% profit
Thank you sir good explanation
4th queston answer is loss how come 1/40 >1 its 0.025 ...by common logic she gets organes for two prices 4 and 5 but sells at 4 every orange she brought for 5rs is now loss of 1rupees how it is profit i cant understand
Brother think she brought 1 orange from 1 shop price is 0.25 and other orange in other shop price is 0.20 the total price for 2 oranges is 0.45 she sell 1 orange @ 0.25 so by selling 2 oranges she gets 0.50 rupees so there is profit of 5 paise
now let me tell you where you are mistaken , she doesn't buy oranges @ Rs.4 and Rs.5 instead she buys them @ Rs. 0.25 and Rs. 0.20 and sells them @ Rs. 0.25 , hence she'll be in profit
For the 16th problem, you can follow the same method as you did in the previous one, it's much faster.
Can you help me with aptitude tommorow , i can pay
Very funny 🤪🤪😮💨😮💨@@AbhishekJaiswal24
Thank you.Superb explanation
Thank you sooo much... You have explained it very easily.... Thanks alot it helped
This page has always helped me in preparation for entrance exam. you will get detailed videos and thorough explanation of concepts with question solving techniques. Amazing!
Q11 (42:19) what cp taken in formula is 480 , or it should be cp of remaing 120 choclates (ie 3 x 120 )
Where is the shortcuts and tricks man
Did you get it. I need it man
Inside youtube
For Q.No.1 you can directly get answer in one step by 2880*120÷80
Sir in practice questions question no.8 the cost price of rahim u gave ₹50,000 but u take it as ₹60,000 while calculation.
All my doubts about Profit & Loss cleared after watching this.. Tq so much ✌
aaa m batau ..... kitte doubts clear hue tere
@@bhawuksharma646 right 😂😂😂
See how easy it was!! very helpfull
In 4th sum which was related to oranges... answer would be 12.5% because sir you have taken avg of 2 price but it should be avg of all 9 oranges ....and if we calculate sp of all 9 oranges ...it would result as Rs.2.25 ..which will give profit of Rs.0.25 or 12.5%
Sir, your class is very fantastic, very good,
Thank you so much sir...really helpful ❤❤
You're a great teacher ❤️
I watched the complete video and now all my concepts are clear!
Thank You!!
Thanks for this video sir
Thank You very much Sir, I'm a beginner and your video helped me a lot.
Sir i didn't get whether that 4th question was right or wrong.but awesome explanation sir😇🤗,,
if u didnt get that then how can u say that it was awesome
Yes i was thinking same,how she could have profit if she sells 4rs+5rs oranges at 4rs price...logically she would have loss
@@nirvana4623 actually 4 and 5 not represent rupees..its 4 orange for 1 rs in one shop and 5 orange for 1rs in another shop .
@@nirvana4623 totl 9 oranges each sell at 1/4 per orange total 9/4= 2.22 rupees she gets after selling all then she has profit of 0.22 rupees....
Wonderful explanation once again Sir. Thank you very much for kind teaching 😀😀😀🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏
Sir , Make Video On Cript Arithmetic
Very good explanation sir. Really it is very helpful to me. Pls keep making videos sir. Thanq
You're welcome, Sandya! Do take advantage of our videos on HR Interview, Resume writing and other core topics :)
Thank you sooo much sir. Awesome teaching ❤️❤️❤️
8.for instance 1000g= 100rs,
He sells 970g = 100rs but actually cost for 970g=( 970/1000)*100
Cost= 97rs but he sells at 100
PR= 100-97= 3rs
%pr=(3/100)*100= 3%
Your answer does not match , with what the teacher says
All of you guys please attention. One request from my side, please see is all advertisements without Skip. That whatever coming in the carrier ride channel. At least will get a chance to give them fee👍
Really appreciate you thinking this, Mahesh! Thanks a lot!
@@CareerRideOfficial it's my pleasure Sir 🙏
I FEAR NO ONE BUT "SEE - EASY RIGHT" , IT SCARES ME
Thank you so much... It means a lot 😭❤️
Thank You Sir u r life saver
A big thanks to the guy in this video!
I got placed in Accenture, TCS, DXC, Wipro 🙏
Thank you so much sir
Congratulations and All the best, Saad! Thank you for coming back to let us know :)
Did u practice aptitude only from his videos or others also
@@SoniKumari-ym4vl Bruh! You can get your concepts cleared from his videos.. but you need to practice questions too to get good at it.
I did practice a few extra questions from the internet.
@@saad8312 oo thank you so much actually im preparing for tcs smart hiring hope so i can crack it with all this videos
@@SoniKumari-ym4vl i suggest you choose Accenture over TCS...
Because the package in TCS in quite low plus it's a service based company. In Accenture atleast you'll get paid well plus growth in you skills as you might get a chance to be a part of the core team!
Whenever he says it's very easy I feel that how people solve maths problem so easily seriously i am dumb in maths I got 7 out of 80in class 10 the half yearly exam though I passed in board exam with 59 out of 100 but if you talk about learning subjects I am master in that I don't like to understand things I just to want to learn them and remember them as long a I can that gives me confidence even the papers are over than also
Please give more examples related to discount conspect
4 th question.. Confusing.. How is it 1 oranges.. There is 4 oranges per rupee
Take it as you are purchasing 4 orange at rs.1 and 5 oranges at rs.1 .
To take same no. of oranges from both shop take LCM of 5 and 4 .
Price Oranges
1 4 (×5)
1 5 (×4)
New :
Price Oranges
5 20
4 20
_______ _______
9 40
So she is purchasing total 40 oranges at rs. 9 .
SP = 4 oranges at rs. 1
= 40 oranges at rs . 10 ( by ×10)
Profit = SP-CP
= 10-9
= 1
Profit % = (1/9) ×100 = 11.11%
@@anjaliagrawal9703 but he got different answer . is it right or wrong ?
@@justlaugh4860 I also got 12.5 only
@@anjaliagrawal9703 cp of 2orange =1/4+1/5=9/20,cp of one 9/40 not 2/9 . 9/40 n0t equal to 2/9 never follow your approach of total spending by total cost and hence calculating avg cost. also dont do this is speed and time questions also
@@anjaliagrawal9703 answer this question you will understand i know the error but i cant explain it why with 100 percent sureity but i am 100 percent sure this is error.
Q: Anjali's school is 1 km away she go to school at speed of 5kmph and comes back at 4 kmph find time taken?
by your logic total distance 2km total speed 9 so time should be 2/9
now real answer time taken to go to school= 1/5 hr
time coming back=1/4hr
total time 1/5+1/4=9/20
Q) 3
120× 24+ 180×28= 7920
Again same formula
100%---------7920
115%--------X
Cross multiplication
X= ₹9108
I am just sharing my knowledge
Sir teaching is awesome
thank u sirr.... u solved different types of .......
Before solving every single problem he says "IT IS VERY VERY EASY"... and it really is easy.😇
Qn2 can be solved in (my-nx/nx)100 method.
Here, m=?,x=1 n=20,y=1
So, 20=[(?-20)/20]100
20 X 20 /100 = ? -20
?=24..
1) BY PERCENTAGES
Given..20% loss means 100-20= 80% and it is 2880 then 100 % means 100/80*2880 we get 3600= 100% Now profit of 20% i.e, 120% .....120/100*3600 = 4320 That's it....... 👍
Q 10 can be solved using division by 3 as in th case of earlier one, where we nullify the loss??
IT IS VERY USEFUL.
Wonderfull explanation sir!! Thank you sir :))
In 4th question we simply take lcm of 9oranges is =4oranges buys at 1rs at first shop + 5oranges at 1rs second shop so simply 9 oranges is 2rs...then sell 4 at 1 RS so make both buying and selling quantity equal.and also multiple with prices.lcm of 9&4 is 36.if we buy 36 oranges at 8rs oranges and then sell 36 oranges at 9rs we get a profit of 1/8 is =12.5
In the 4th question, they didn't specify how much oranges. It is solved in wrong way
For that , they told per rupee. I think this is ur answer
@@kingsman00100 do u understand that 4th question???
@@pavangopal8441 Yes I understood the 4 question
yes 4th question is wrong if we use common sense it is deliberately a loss sale how it will be profitable?
@@vijaysenthil2662 even I thought same but whenever you encounter those type of sums it is exactly correct coz there's a lot difference b/w written and spoken English bro
Thank you sir for this trick in percentage calculations.. please do for rational expressions if possible... Thank you
You're welcome, Banshanlang! Please subscribe for more career related videos and stay connected :)
thank you sir for explaining i got 100/97
Very helpful
Your explanation is very easy, now I am able to prepare for a exam
for which exam?
In 12th sum if original price is 4500 then how 20% profit gives Rs. 2025... It's almost 50% profit..
What to do in Question 5 if profit and loss % are different????
Tab you could calculate the profit and loss individually 😅
in question 5 ) If you check it manually. Cp of 1st cycle is 4800 and 2nd cycle is 3200, so , Total ,sp-cp = 8000-(4800+3200) = 0 . SO, No profit and No Loss
Cost price for 1 cycle is 3333.333... and for second cycle is 5000 ,
1st Trade ;(3333.333.+20%profit)=4000 and profit in this trade is 666.666 rs
2nd Trade; (5000-20%loss) = 4000 and loss in this trade is 1000 rs..
So 1000(loss)-666.66(profit) = 333.33= 4 % loss 😂
@The NASA 😂 once more
@thenasa3735how so?.. If we go by normal steps its 800..i am confused..
In Question 10 , if Total profit is 20% , Since he has sold 40 fans at 10% profit. if we sell remaining fans with 10% profit then is it not be 20% total profit ???
No 😅
In Q3 ,why not take minus sign in formula in 3rd year calculation, as 3rd year rate decreases by 8%?
Sir a humble request to make video on
mathematical operations
Venn diagrams individually
Assertion and reasons
Logical deductions
Please please please sir 🙏 🙏
4 question guddi busy orange s was a little bit confusion how she get profit when she sell for 1 rs loss
Can you explain the Q5, without shortcut and using actual formulas?
Worth watching video bro tq so much
Thank You Sir.......!
Very helpful 👍 video thanks for your time
Great work ❤️❤️
Videos r really helpful ❤😊