IBPS Clerk 2021 Notification IBPS (Institute of Banking Personnel Selection) conducts a common recruitment process (CRP) every year to the r...

# Profit and loss Shortcuts for bank exam

## Profit and loss formulas and shortcuts for ibps,sbi po and clerk

Profit and loss problems for bank exam:In every bank exam,at least 1-2 questions will be from profit and loss section.By understanding few simple formulas and shortcuts you can easily score full mark from this section.Here we are sharing some important formulas and shortcut tricks to solve profit and loss problems faster.

### Basic formulas for profit and loss

Example:A sells a radio to B at a gain of 10% and B sells to c at a gain of 5%.If C pays Rs.462 for it,what did it cost to A?
=> 462=C.P of radio to A * 110/100 *105/100=>C.P of radio to A=(462*100*100)/(105*110)=400

Example:A dishonest shopkeeper deceives by 15% at the time of purchase of article and also 15% at the time of sale.Find out the profit percentage
Profit%=15+15+(15*15 / 100)=30 + 225/100 =30+2.25=32.25%.
Example:A car costs a dealer Rs.50,000.Dealer raised price by Rs.10,000 and then deducted 4% of new price.What is the profit/loss %?
Ans: Let P be the percentage of price raised=(10000/500000) * 100 =20%
Discount %=4%
profit %=(20-4- 20*4/100 ) =15.2%

Hope you will find this article on profit and loss shortcut formulas for bank test useful in upcoming bank exams.
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