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Important Question for Profit and Loss Chapter

Published on Monday, February 23, 2015
Few minutes back, A follower sent me a Profit and Loss on my Facebook page. I am sharing the question and solution with all.

Here is the questions




Solution


 In the question it is mentioned that "Percent profit" is equal to cost. You can check the solution above.

But in case it is mentioned that "Profit" is equal to "Cost". Then we simply need to divide Sales price into two parts one become Profit and another become Cost price.

That was quite straight forward.

You can get complete animated video set for Quantitative Aptitude here
  
Queries are always welcome in the comments section

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Ramandeep Singh

Ramandeep Singh - Educator

I'm Ramandeep Singh, your guide to banking and insurance exams. With 14 years of experience and over 5000 successful selections, I understand the path to success firsthand, having transitioned from Dena Bank and SBI. I'm passionate about helping you achieve your banking and insurance dreams.

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