Note: All the problems on profit and loss can be reduced to a single step that can be solved directly using the formula S.P. =C.P. (1±0.01x), where x is the profit/loss percent. Remember that the ’+’ve sign is used when a profit is incurred and the ‘-’ve sign is used when a loss is incurred.
Are you interested in getting Certificates to boost your Resume? Participate in our
Online Grammar and Aptitude Contests. It only takes 20 mins. All participants get
Participation Certificates while the top 100 winners get Amazon Cash Vouchers every week.
Profit and Loss
Aptitude Test on Profit & Loss: Tips and Aptitude Questions