# Profit and loss question answer 11-8-2016

Maths Tricks 0 Comments**profit and Loss Based on Cost Price**

To discover the percent addition or misfortune, isolate the sum picked up or lost by the expense.

**Example 1**: A toy that cost 80 rupees is sold at a benefit of 20 rupees . Discover the percent or rate of benefit.

**Answer**: Gain/cost = % benefit.

20/80 = 25%. – Answer

To discover the misfortune and the offering cost when the expense and the percent misfortune are given, increase the expense by the percent and subtract the item from the expense.

**Example 2**: A harmed seat that cost Rs.110 was sold at lost 10%. Discover the misfortune and the offering cost.

**Answer**: Cost x percent misfortune = misfortune.

110 x 1/10 = 11, misfortune.

Cost – loss = selling price.

110 – 11 = 99, selling cost.

**profit and Loss Based on Selling Price**

To discover the benefit and the cost when the offering cost and the percent benefit are given, duplicate the offering cost by the percent benefit and subtract the outcome from the offering cost.

**Example 1**: A toy offers for 6.00 at a benefit of 25% of the offering cost. Separate this offering cost into expense and benefit.

**Answer**: Selling value x % benefit = benefit.

selling cost = Profit = cost.

6.00 x .25 = 1.50, benefit.

6.00 – 1.50 = 4.50, cost.

To discover the misfortune and the cost when the offering cost and the percent misfortune are given, increase the offering cost by the percent misfortune and subtract the outcome from the offering cost.

**Example 2**: At a deal, ties offering at 50.00 are sold at lost 60% of offering cost. What is the misfortune and the first cost?

**Answer**: Selling value x % loss = loss.

selling cost + loss = cost.

50.00 x .60 = 30.00, misfortune.

50.00 – 30.00 = 20.00, cost.

To discover the offering cost when the expense and the percent misfortune are given, add the percent misfortune to 100% and separate the expense by this total.

**Example 3**: Socks that cost 7.00 for every pair were sold at lost 25% of offering cost. What was the offering cost?

**Answer**: Cost/( 100% + % loss) = Selling price.

7.00/1.25 = 5.60, selling price.

To discover the offering cost when the benefit and the percent benefit are offered, or to discover the offering cost when the misfortune and the percent misfortune are given, partition the benefit or misfortune by the percent benefit or misfortune.

**Note**: This principle ought to be contrasted and the one under Profit and Loss Based on Cost. The two standards are precisely comparative aside from that in one case 100% speaks to cost while in the other case 100% speaks to offering cost.

**Example 4**: A sort of tape is offering at a benefit of 12% of offering value, equivalent to 18 for each yard. What is the offering cost of the tape?

**Answer**: Profit/% profit = selling price.

18/.12 = 1.50 selling price.

To discover the percent benefit or misfortune, partition the sum picked up or lost by the offering cost.

**Example 5**: A sweet treat offers for 1.30 at a benefit of 65. What percent of benefit on offering cost does this speak to?

**Answer**: Gain/Selling price = % profit.

65/1.30 = .5 or 50% profit.

**Mark-up Price**

For the most part the SP is not exactly the stamped value (MP) the distinction MP – SP is known as rebate, D .

Discount = M P – S P

Discount %, D% = ( Discount)/(M P)×100

To decrease percent misfortune on expense to percent misfortune on offering value, isolate percent misfortune on expense by 100% less percent misfortune on expense.

**Example 1**: 20% misfortune on expense is the thing that percent misfortune on offering cost?

**Answer**: % loss on cost /( 100% – % loss on cost ) = % loss on selling price.

0.20/80 = .0025 or 25% loss on selling price

To decrease percent misfortune on offering cost to percent misfortune on cost, partition percent misfortune on offering cost by 100% or more percent misfortune on offering cost.

**Example 2**: 20% misfortune on offering cost is the thing that percent misfortune on expense?

**Answer**: % loss on selling price/( 100% + % loss on selling price ) = % loss on cost.

20/1.20 = .16666 or .16.67% loss on cost.

To diminish percent mark-up (percent benefit on expense) to percent benefit on offering value, isolate percent mark-up by 100% or more percent imprint up.

**profit and Loss Based on Cost Price**

To discover the percent addition or misfortune, isolate the sum picked up or lost by the expense.

**Example 1**: A toy that cost 80 rupees is sold at a benefit of 20 rupees . Discover the percent or rate of benefit.

**Answer**: Gain/cost = % benefit.

20/80 = 25%. – Answer

To discover the misfortune and the offering cost when the expense and the percent misfortune are given, increase the expense by the percent and subtract the item from the expense.

**Example 2**: A harmed seat that cost Rs.110 was sold at lost 10%. Discover the misfortune and the offering cost.

**Answer**: Cost x percent misfortune = misfortune.

110 x 1/10 = 11, misfortune.

Cost – loss = selling price.

110 – 11 = 99, selling cost.

**profit and Loss Based on Selling Price**

To discover the benefit and the cost when the offering cost and the percent benefit are given, duplicate the offering cost by the percent benefit and subtract the outcome from the offering cost.

**Example 1**: A toy offers for 6.00 at a benefit of 25% of the offering cost. Separate this offering cost into expense and benefit.

**Answer**: Selling value x % benefit = benefit.

selling cost = Profit = cost.

6.00 x .25 = 1.50, benefit.

6.00 – 1.50 = 4.50, cost.

To discover the misfortune and the cost when the offering cost and the percent misfortune are given, increase the offering cost by the percent misfortune and subtract the outcome from the offering cost.

**Example 2**: At a deal, ties offering at 50.00 are sold at lost 60% of offering cost. What is the misfortune and the first cost?

**Answer**: Selling value x % loss = loss.

selling cost + loss = cost.

50.00 x .60 = 30.00, misfortune.

50.00 – 30.00 = 20.00, cost.

To discover the offering cost when the expense and the percent misfortune are given, add the percent misfortune to 100% and separate the expense by this total.

**Example 3**: Socks that cost 7.00 for every pair were sold at lost 25% of offering cost. What was the offering cost?

**Answer**: Cost/( 100% + % loss) = Selling price.

7.00/1.25 = 5.60, selling price.

To discover the offering cost when the benefit and the percent benefit are offered, or to discover the offering cost when the misfortune and the percent misfortune are given, partition the benefit or misfortune by the percent benefit or misfortune.

**Note**: This principle ought to be contrasted and the one under Profit and Loss Based on Cost. The two standards are precisely comparative aside from that in one case 100% speaks to cost while in the other case 100% speaks to offering cost.

**Example 4**: A sort of tape is offering at a benefit of 12% of offering value, equivalent to 18 for each yard. What is the offering cost of the tape?

**Answer**: Profit/% profit = selling price.

18/.12 = 1.50 selling price.

To discover the percent benefit or misfortune, partition the sum picked up or lost by the offering cost.

**Example 5**: A sweet treat offers for 1.30 at a benefit of 65. What percent of benefit on offering cost does this speak to?

**Answer**: Gain/Selling price = % profit.

65/1.30 = .5 or 50% profit.

**Mark-up Price**

For the most part the SP is not exactly the stamped value (MP) the distinction MP – SP is known as rebate, D .

Discount = M P – S P

Discount %, D% = ( Discount)/(M P)×100

To decrease percent misfortune on expense to percent misfortune on offering value, isolate percent misfortune on expense by 100% less percent misfortune on expense.

**Example 1**: 20% misfortune on expense is the thing that percent misfortune on offering cost?

**Answer**: % loss on cost /( 100% – % loss on cost ) = % loss on selling price.

0.20/80 = .0025 or 25% loss on selling price

To decrease percent misfortune on offering cost to percent misfortune on cost, partition percent misfortune on offering cost by 100% or more percent misfortune on offering cost.

**Example 2**: 20% misfortune on offering cost is the thing that percent misfortune on expense?

**Answer**: % loss on selling price/( 100% + % loss on selling price ) = % loss on cost.

.20/1.20 = .16666 or .16.67% loss on cost.

To diminish percent mark-up (percent benefit on expense) to percent benefit on offering value, isolate percent mark-up by 100% or more percent imprint up.

**Example 3**: A coat set apart up 60% conveys what percent of benefit on offering cost?

**Answer**: % profit on cost/( 100% + % profit on cost ) = % profit on selling price.

.60/1.60 = .375 or 37.5% on selling price.

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