## Profit or Gain percent Shortcut tricks

We are follow some important facts and formula without this we are not able to calculate any profit or Gain percent any articles using shortcut tricks.when we purchase some item and then sell it we make profit some time depends on the cost price and selling price of an particular item. This type of problem are given in Quantitative Aptitude which is a very essential paper in banking exam.Under below given some more example for your better practice.

• Note : In case in Profit and Loss, the relation is between C P and S P is :
If Profit 30% accrued on an article its mean to we say that
• Cost Price of Particle is 100%
Selling Price of Particle is 130%
Profit of Particle after Selling 30%
• Formula: Gain % = (Gain x 100/C.P)

Example 1 : Rana purchase an ball for Rs.80 and sells it for Rs. 100. Find his gain percent.
Answer: C.P = 80 and S.P = 100.
Gain= 100 – 80 = 20
Gain % = 20 x 100/80 = 25%
So,his gain percent is 25%.

Example 2 : A farmer purchase an article for Rs.25 and sells it for Rs. 28. Find his gain percent.
Answer: C.P = 25 and S.P = 28.
Gain= 28 – 25 = 3
Gain % = 3 x 100/25 = 12%
So, his gain percent is 12%.

Example 3 : Sabir purchase an article for Rs.40 and sells it for Rs. 60. Find his gain percent.
Answer: C.P = 40 and S.P = 60.
Gain= 60 – 40 = 20 .
Gain % = 20 x 100/40 = 50%
So, his gain percent is 50%

Example 4: A untruthful retailer sell his product at cost price however uses a weight of 950 grams for a kg weight. Find his gain percent.
Answer : we apply gain% formula
1 Kg = 1000 grams.
Profit of untruthful retailer = ( 1000 grams – 950 grams ) = 50 grams.
Gain% = [ Error x 100 / ( True Value ) – (Error) ]%
50 x 100 / 950 = 100 / 19%
So, his gain percent is 100 / 19%.

Example 5: A women went to shop to bought chocolate at 6 for a rupee. To gain 20% profit how many for a rupee she sail ?
Answer : Cost price 6 chocolate 1 rupee.
So, To Gain 20% of 1 rupee = 100 / 120 = 5 / 6.
= 5 x 6 / 6 = 5.
To gain 20% profit she sail for a rupee of 5.

Example 6: Sunita bought a TV for Rs.18000, and sold it by Rs.22000, How much profit she get ?
Answer : ( 22000 – 18000 ) = 4000.
profit she get = 4000 x 100 / 18000 = 200 / 9 = 22.222222222%.
So, his gain profit is 22.222222222%.