Profit and Loss Questions and Answers – Page 57

Profit = SP − CP, Loss = CP − SP, and the percentage is calculated on cost price. For this question, identify every monetary base before applying a percentage. The question-specific working supplied in the record is: Gain% = ((Claimed weight − Actual weight) / Actual weight) × 100 = ((1250 − 1220) / 1220) × 100 = 2.46%. Profit and loss questions become unreliable when a percentage is applied to the wrong base. Profit or loss percent uses cost price, while discount percent uses marked price. The distractors 5.46%, 2.46%, 0% can result from interchanging cost price and selling price, treating discount as loss, adding successive rates, ignoring quantity, or rounding before the final step. A dependable check is to assume cost price 100 whenever only percentages are involved, reconstruct the selling value, and compare the resulting ratio with the selected option. Also verify direction: profit requires selling price above cost price, whereas loss requires it below cost price. This method preserves the numerical relationships in the stem and develops formula selection, percentage-base recognition and option elimination for SSC, Railway, Banking and other competitive aptitude examinations.

After comparing cost and selling values, the result is 9.04%. Use actual quantity delivered and money received to form effective cost and selling values before finding profit percent. For this question, identify every monetary base before applying a percentage. The question-specific working supplied in the record is: Gain% = ((Claimed weight − Actual weight) / Actual weight) × 100 = ((1250 − 1225) / 1225) × 100 = 2.04%. Profit and loss questions become unreliable when a percentage is applied to the wrong base. If several changes occur, convert each change into a multiplier and apply them in order. The distractors 2.04%, 1.04%, 6.04% can result from interchanging cost price and selling price, treating discount as loss, adding successive rates, ignoring quantity, or rounding before the final step. A dependable check is to assume cost price 100 whenever only percentages are involved, reconstruct the selling value, and compare the resulting ratio with the selected option. In marked-price problems, a discount can coexist with profit because marked price and cost price are different bases. This method preserves the numerical relationships in the stem and develops formula selection, percentage-base recognition and option elimination for SSC, Railway, Banking and other competitive aptitude examinations.

Correct percentage analysis gives 22.38%, corresponding to option C. For this question, identify every monetary base before applying a percentage. The question-specific working supplied in the record is: Gain% = ((Claimed weight − Actual weight) / Actual weight) × 100 = ((1500 − 1300) / 1300) × 100 = 15.38%. Profit and loss questions become unreliable when a percentage is applied to the wrong base. A dependable check is to assume cost price 100 whenever only percentages are involved, reconstruct the selling value, and compare the resulting ratio with the selected option. This method preserves the numerical relationships in the stem and develops formula selection, percentage-base recognition and option elimination for SSC, Railway, Banking and other competitive aptitude examinations.

The question-specific working supplied in the record is: Gain% = ((Claimed weight − Actual weight) / Actual weight) × 100 = ((250 − 225) / 225) × 100 = 11.11%. Profit or loss percent uses cost price, while discount percent uses marked price. A dependable check is to assume cost price 100 whenever only percentages are involved, reconstruct the selling value, and compare the resulting ratio with the selected option.

The question-specific working supplied in the record is: Gain% = ((Claimed weight − Actual weight) / Actual weight) × 100 = ((750 − 650) / 650) × 100 = 15.38%. Profit or loss percent uses cost price, while discount percent uses marked price. A dependable check is to assume cost price 100 whenever only percentages are involved, reconstruct the selling value, and compare the resulting ratio with the selected option.

Use actual quantity delivered and money received to form effective cost and selling values before finding profit percent. For this question, identify every monetary base before applying a percentage. The question-specific working supplied in the record is: Gain% = ((Claimed weight − Actual weight) / Actual weight) × 100 = ((2000 − 1820) / 1820) × 100 = 9.89%. Profit and loss questions become unreliable when a percentage is applied to the wrong base. A dependable check is to assume cost price 100 whenever only percentages are involved, reconstruct the selling value, and compare the resulting ratio with the selected option. This method preserves the numerical relationships in the stem and develops formula selection, percentage-base recognition and option elimination for SSC, Railway, Banking and other competitive aptitude examinations.

Correct percentage analysis gives 13.11%, corresponding to option C. Profit = SP − CP, Loss = CP − SP, and the percentage is calculated on cost price. For this question, identify every monetary base before applying a percentage. The question-specific working supplied in the record is: Gain% = ((Claimed weight − Actual weight) / Actual weight) × 100 = ((1000 − 925) / 925) × 100 = 8.11%. Profit and loss questions become unreliable when a percentage is applied to the wrong base. Profit or loss percent uses cost price, while discount percent uses marked price. The distractors 5.11%, 8.11%, 14.11% can result from interchanging cost price and selling price, treating discount as loss, adding successive rates, ignoring quantity, or rounding before the final step. A dependable check is to assume cost price 100 whenever only percentages are involved, reconstruct the selling value, and compare the resulting ratio with the selected option. Also verify direction: profit requires selling price above cost price, whereas loss requires it below cost price. This method preserves the numerical relationships in the stem and develops formula selection, percentage-base recognition and option elimination for SSC, Railway, Banking and other competitive aptitude examinations.

Use actual quantity delivered and money received to form effective cost and selling values before finding profit percent. For this question, identify every monetary base before applying a percentage. The question-specific working supplied in the record is: Gain% = ((Claimed weight − Actual weight) / Actual weight) × 100 = ((2000 − 1800) / 1800) × 100 = 11.11%. Profit and loss questions become unreliable when a percentage is applied to the wrong base. A dependable check is to assume cost price 100 whenever only percentages are involved, reconstruct the selling value, and compare the resulting ratio with the selected option. This method preserves the numerical relationships in the stem and develops formula selection, percentage-base recognition and option elimination for SSC, Railway, Banking and other competitive aptitude examinations.

Use actual quantity delivered and money received to form effective cost and selling values before finding profit percent. For this question, identify every monetary base before applying a percentage. The question-specific working supplied in the record is: Gain% = ((Claimed weight − Actual weight) / Actual weight) × 100 = ((1250 − 1230) / 1230) × 100 = 1.63%. Profit and loss questions become unreliable when a percentage is applied to the wrong base. If several changes occur, convert each change into a multiplier and apply them in order. The distractors 0%, 1.63%, 10.63% can result from interchanging cost price and selling price, treating discount as loss, adding successive rates, ignoring quantity, or rounding before the final step. A dependable check is to assume cost price 100 whenever only percentages are involved, reconstruct the selling value, and compare the resulting ratio with the selected option. In marked-price problems, a discount can coexist with profit because marked price and cost price are different bases. This method preserves the numerical relationships in the stem and develops formula selection, percentage-base recognition and option elimination for SSC, Railway, Banking and other competitive aptitude examinations.

The question-specific working supplied in the record is: Gain% = ((Claimed weight − Actual weight) / Actual weight) × 100 = ((250 − 190) / 190) × 100 = 31.58%. Profit or loss percent uses cost price, while discount percent uses marked price. A dependable check is to assume cost price 100 whenever only percentages are involved, reconstruct the selling value, and compare the resulting ratio with the selected option.