Profit & Loss Formula
Profit & Loss formulas and a topic-wise mock test for quantitative aptitude placement exams like TCS NQT, Infosys, and Wipro. Revise, then practice.
Key Profit & Loss Formulas
Profit & Loss Fundamentals - Business Mathematics
Profit and Loss deals with the financial outcomes of buying and selling. The key is to understand the relationship between Cost Price (CP), Selling Price (SP), and the resulting profit or loss.
- Profit = Selling Price - Cost Price (when SP > CP)
- Loss = Cost Price - Selling Price (when CP > SP)
- Profit % = (Profit / CP) × 100
- Loss % = (Loss / CP) × 100
- SP with Profit: SP = CP × (1 + Profit%/100)
- SP with Loss: SP = CP × (1 - Loss%/100)
- CP from SP: CP = SP / (1 ± Profit/Loss%/100)
Marked Price & Discount - Retail Mathematics
Marked Price (MP) is the price displayed on an item, while discount is the reduction offered to customers.
- Discount Amount = Marked Price - Selling Price
- Discount % = (Discount / MP) × 100
- SP with Discount: SP = MP × (1 - Discount%/100)
- MP from SP: MP = SP / (1 - Discount%/100)
- Successive Discounts: Final SP = MP × (1-d1/100) × (1-d2/100)
- Equivalent Single Discount: d1 + d2 - (d1×d2)/100
- Example: MP=₹100, Discount=20% → SP = 100×0.80 = ₹80
Advanced Profit & Loss Scenarios
Practical examples demonstrating profit and loss in real-world scenarios.
- Example 1: CP=₹100, SP=₹120 → Profit=₹20, Profit%=20%
- Example 2: MP=₹200, Discount=15% → SP=200×0.85=₹170
- Example 3: SP=₹90, Loss=10% → CP=90/0.9=₹100
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